Detail akcie Energy Recovery online

Business Summary: Energy Recovery, Inc. is engaged in energy efficiency technology. The Company designs and manufactures solutions that provide cost savings through improved energy efficiency in commercial and industrial processes, with applications across several industries. Its segments include Water and Emerging Technologies. The Water segment develops, sales and supports PX, hydraulic turbochargers and pumps used in seawater desalination and wastewater treatment activities. The Emerging Technologies segment develops, sales and supports activities related to emerging technologies, such as the PX G1300 used in industrial and commercial refrigeration applications. Its solutions are marketed, sold in, or developed for, the fluid-flow and gas markets, such as seawater and wastewater desalination, natural gas, chemical processing and CO2-based refrigeration systems, under the trademarks ERI, PX, Pressure Exchanger, PX Pressure Exchanger (PX), Ultra PX, PX G, PX G1300, PX PowerTrain, AT, and Aquabold.
Financial Summary: BRIEF: For the six months ended 30 June 2024, Energy Recovery Inc revenues increased 15% to $39.3M. Net loss increased 12% to $8.9M. Revenues reflect Africa & Middle East segment increase of 41% to $19.5M, Europe segment increase of 75% to $3.9M, Americas segment increase of 29% to $5.9M. Higher net loss reflects Corporate segment loss increase of 28% to $12.4M, Emerging Technologies segment loss increase of 9% to $11.6M.