ERII Q2 2024 Earnings — Energy Recovery, Inc. Revenue & Financial Results | Market Cap Arena

ERIIEnergy Recovery, Inc.

$586M

Q2 2024 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$27M+31.3% YoY

Gross Profit

$18M64.6% margin

Operating Income

-$2M-7.4% margin

Net Income

-$642,000-2.4% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+125.0%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$8M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$249M

Total Liabilities

$31M

Stockholders' Equity

$219M

Cash & Equivalents

$40M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$27M	$21M	+31.3%
Gross Profit	$18M	$14M	+29.7%
Operating Income	-$2M	-$3M	+22.1%
Net Income	-$642,000	-$2M	+61.4%

Revenue Segments

Water Segment

$27M99%

Emerging Technologies Segment

$288,0001%

Geographic Segments

Middle East And Africa

$15M54%

Asia

$8M29%

Europe

$3M9%

Americas

$2M7%