Benzinga | Oct 29, 2020 04:28PM EDT

Energy Recovery Q3 EPS $0.10 Beats $0.03 Estimate, Sales $27.41M Beat $25.06M Estimate

Energy Recovery (NASDAQ:ERII) reported quarterly earnings of $0.10 per share which beat the analyst consensus estimate of $0.03 by 233.33 percent. This is a 42.86 percent increase over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $27.41 million which beat the analyst consensus estimate of $25.06 million by 9.37 percent. This is a 10.29 percent increase over sales of $24.85 million the same period last year.