Benzinga | Nov 5, 2021 09:32AM EDT

Energy Recovery Q3 EPS $0.02 Down From $0.10 YoY, Sales $20.78M Beat $20.40M Estimate

Energy Recovery (NASDAQ:ERII) reported quarterly earnings of $0.02 per share. This is a 80 percent decrease over earnings of $0.10 per share from the same period last year. The company reported quarterly sales of $20.78 million which beat the analyst consensus estimate of $20.40 million by 1.87 percent. This is a 24.18 percent decrease over sales of $27.41 million the same period last year.