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Energy Recovery: 3Q Earnings Snapshot

SAN LEANDRO, Calif. (AP) _ Energy Recovery Inc. (ERII) on Thursday reported third-quarter net income of $4.7 million.

On a per-share basis, the San Leandro, California-based company said it had net income of 8 cents.

The maker of energy recovery devices posted revenue of $13.6 million in the period.

Energy Recovery shares have dropped 11 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.77, an increase of slightly more than 1 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ERII at https://www.zacks.com/ap/ERII