Energy Recovery (NASDAQ:ERII) reported quarterly earnings of $0.50 per share which beat the analyst consensus estimate of $0.38 by 31.58 percent. This is a 28.21 percent increase over earnings of $0.39 per share from the same period last year. The company reported quarterly sales of $67.08 million which missed the analyst consensus estimate of $67.27 million by 0.29 percent. This is a 17.29 percent increase over sales of $57.19 million the same period last year.
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