Energy Recovery Inc

NASDAQ:ERII   3:59PM EDT
10.06
-0.15 (-1.47%)

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Market Cap (Intraday)548.06M
Current PE21.52
Forward PE 38.69
2yr Forward PE 16.77
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Estimates Current Quarter
Revenue$21.3 Million
Adjusted EPS$0.05
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10-Day MA$9.97
50-Day MA$9.89
200-Day MA$8.57
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Energy Recovery, Inc. Stock, NASDAQ:ERII

1717 DOOLITTLE DRIVE, SAN LEANDRO, CA 94577
United States of America
Phone: (510) 483-7370
Number of Employees: 120

Description

Energy Recovery, Inc. provides energy solutions to industrial fluid flow markets under the ERI, PX, Pressure Exchanger, PX Pressure Exchanger, AT, AquaBold, VorTeq, IsoBoost, and IsoGen names worldwide. The company operates through Water and Oil & Gas segments. It offers pressure exchanger energy recovery devices and turbocharger technologies for water desalination and oil and gas; AT turbochargers for low-pressure brackish, and high-pressure seawater reverse osmosis systems; and high-performance, high-efficiency, high-pressure, and circulation booster pumps. The company also provides VorTeq hydraulic fracturing system; IsoBoost energy recovery systems, such as hydraulic turbo chargers, and related controls and automation systems; and IsoGen energy recovery systems, including hydraulic turbines, and related controls and automation systems. In addition, it offers engineering, technical support, and training services; and preventive maintenance and support services, as well as reinstallation services. The company serves engineering, procurement, and construction (EPC) firms that design and build large desalination plants; original equipment manufacturers; oil companies; exploration and production companies; oilfield service companies; and EPC firms, which design and build oil and gas processing plants. It markets its products directly to customers through its direct sales organization, as well as through authorized independent sales agents. Energy Recovery, Inc. was founded in 1992 and is headquartered in San Leandro, California.