Benzinga | Mar 11, 2021 04:04PM EST

Energy Recovery Q4 EPS $0.06 Beats $0.04 Estimate, Sales $26.40M Beat $25.06M Estimate

Energy Recovery (NASDAQ:ERII) reported quarterly earnings of $0.06 per share which beat the analyst consensus estimate of $0.04 by 50 percent. This is a 700 percent increase over losses of $(0.01) per share from the same period last year. The company reported quarterly sales of $26.40 million which beat the analyst consensus estimate of $25.06 million by 5.35 percent. This is a 35.38 percent increase over sales of $19.50 million the same period last year.