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Energy Recovery, Inc. (NASDAQ:NASDAQ:ERII) Q2 2022 Earnings Conference Call August 3, 2022, 5:00 PM ET Company Participants James Siccardi - Vice President, Investor Relations Bob Mao -. ....
Operator Greetings. Welcome to the Energy Transfer first-quarter earnings call. [Operator instructions] Please note this conference is being recorded. I will now turn the conference over to your host, Tom Long. Mr. Long, you may begin. Jim Siccardi Vice President of Investor Relations Good afternoon, everyone, and welcome to Energy Recovery s 2021 first-quarter conference call. My name is Jim Siccardi, vice president of investor relations at Energy Recovery. And I m here today with our chairman, president, and chief executive officer, Bob Mao; and our chief financial officer, Joshua Ballard. During today s call, we may make projections and other forward-looking statements under the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995 regarding future events or the future financial performance of the company. ....
Energy Recovery Reports Product Revenue Growth of 26% for Fiscal Year 2020 $50 Million Share Buyback Program Announced SAN LEANDRO, CA / ACCESSWIRE / March 11, 2021 / Energy Recovery, Inc. (NASDAQ:ERII) today announced its financial results for the fourth quarter and fiscal year ended December 31, 2020. The Company achieved 26% product revenue growth for the fiscal year 2020 across all business segments, which includes a 27% year-over-year growth in our core seawater desalination business. Strong 2020 results combined with projected growth in 2021 and 2022 will likely increase Energy Recovery s cash balances. As a result, the Board of Directors of the Company approved a share repurchase program on March 9, 2021. Under this program, the Company may repurchase up to $50.0 million of the Company s outstanding common stock. The repurchases will take place in open-market transactions and will focus on maximizing the number of shares purchased by Energy Recovery. ....
Energy Recovery Reports Product Revenue Growth of 26% for Fiscal Year 2020 phoenixherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from phoenixherald.com Daily Mail and Mail on Sunday newspapers.