Energy Recovery (NASDAQ:ERII) reported quarterly earnings of $0.21 per share which beat the analyst consensus estimate of $0.09 by 133.33 percent. This is a 5 percent increase over earnings of $0.20 per share from the same period last year. The company reported quarterly sales of $38.584 million which missed the analyst consensus estimate of $39.107 million by 1.34 percent. This is a 4.18 percent increase over sales of $37.036 million the same period last year.