ERII Q3 2023 Earnings — Energy Recovery, Inc. Revenue & Financial Results | Market Cap Arena

ERIIEnergy Recovery, Inc.

$586M

Q3 2023 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$37M+21.6% YoY

Gross Profit

$26M69.9% margin

Operating Income

$9M24.7% margin

Net Income

$10M26.1% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

+78.7%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$7M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$223M

Total Liabilities

$29M

Stockholders' Equity

$194M

Cash & Equivalents

$51M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$37M	$30M	+21.6%
Gross Profit	$26M	$21M	+23.0%
Operating Income	$9M	$5M	+86.2%
Net Income	$10M	$5M	+101.7%

Revenue Segments

Water Segment

$37M99%

Emerging Technologies Segment

$224,0001%

Geographic Segments

Middle East And Africa

$25M66%

Asia

$6M15%

Americas

$5M14%

Europe

$2M4%