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Mar 31, 2022
Energy Recovery Q1 2022 Earnings Report
Announced record-breaking first quarter revenue and increased operating income.
Key Takeaways
Energy Recovery reported a record first quarter with revenue of $32.5 million, a 12% increase year-over-year. The company's operating income grew by 34% year-on-year, and net income per share increased by 17% year-over-year.
Revenue of $32.5 million, an increase of 12% year-over-year.
Income from operations of $8.2 million, an increase of 34% year-over-year.
Net income per share of $0.14, an increase of 17% year-over-year.
Adjusted EBITDA grew 22% year-over-year to $11.1 million.
Revenue by Geographic Location
Forward Guidance
Full year revenue guidance of up to $130 million reaffirmed.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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