Energy Recovery Reports Unaudited Financial Results For The Second Quarter Of 2012
Wed, 01 Aug 2012 17:48:00 CDT globenewswire.com
Energy Recovery Inc (Nasdaq:ERII), a global leader in the design and development of energy recovery devices for desalination, announced today the unaudited financial results of its second quarter of 2012. The Company achieved net revenue of $12.3 million, representing an increase of 85% compared to the same period of 2011. Comparatively, the Company reported net revenue of $4.8 million in the first quarter of 2012. In the current period, the Company realized the anticipated benefit of revenue associated....