Energy Recovery (NASDAQ:ERII) reported quarterly earnings of $0.53 per share which missed the analyst consensus estimate of $0.67 by 20.9 percent. This is a 6 percent increase over earnings of $0.50 per share from the same period last year. The company reported quarterly sales of $66.871 million which missed the analyst consensus estimate of $82.510 million by 18.95 percent. This is a 0.30 percent decrease over sales of $67.075 million the same period last year.

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