Benzinga | Aug 5, 2021 05:20PM EDT

Energy Recovery Q2 EPS $0.02 Beats $0.01 Estimate, Sales $20.60M Miss $21.93M Estimate

Energy Recovery (NASDAQ:ERII) reported quarterly earnings of $0.02 per share which beat the analyst consensus estimate of $0.01 by 100 percent. This is a 93.94 percent decrease over earnings of $0.33 per share from the same period last year. The company reported quarterly sales of $20.60 million which missed the analyst consensus estimate of $21.93 million by 6.06 percent. This is a 52.76 percent decrease over sales of $43.61 million the same period last year.