Energy Recovery: Charting the Way Forward – 2024 Investor Day Webinar

Energy Recovery, Inc. (NASDAQ: ERII), a global leader in energy efficiency technology, is set to release its fourth quarter and full year 2024 financial results and host an investor webinar on November 18, 2024. The webinar, titled "Energy Recovery: Charting the Way Forward," will provide an overview of the company's strategic vision, financial performance, and growth prospects.

The webinar will feature presentations from key executives, including CEO David Moon, CFO Mike Mancini, Senior Vice President of Water Rodney Clemente, and Vice President of CO2 Ricardo Freitas. Following the presentations, there will be a live Q&A session for analysts and investors.

Energy Recovery's strategic vision, as outlined in the 2024 investor webinar, has contributed to its financial performance in Q4 2024 and the full year 2024. The company's focus on growth in its core desalination business, expansion into wastewater treatment, and progress in the CO2 refrigeration market have driven its revenue growth and strengthened its market position.

In the third quarter of 2024, Energy Recovery reported revenue of $38.6 million, reaching the upper end of its guidance range of $35 - $39 million. This strong performance can be attributed, in part, to the growth in its emerging technologies segment, particularly the CO2 refrigeration market. The company's PX G1300 product, designed for industrial and commercial refrigeration applications, has shown promising results in the market, with a third-party engineering firm verifying its performance. This progress has brought Energy Recovery closer to integrating the PX G1300 into original equipment manufacturers' systems designs and ultimately being specified by supermarkets.

Energy Recovery's strategic work on its "Playbook," a five-year plan for growth, has provided a clear roadmap for achieving its financial goals. The company's focus on innovation, operational excellence, and strategic partnerships has positioned it for continued growth and success in the energy efficiency market.

Investors should pay close attention to Energy Recovery's financial results and the insights provided during the webinar. The company's strategic vision, combined with its strong financial performance, makes it an attractive investment opportunity in the energy efficiency sector.

As Energy Recovery continues to execute its strategic vision, investors can expect the company to maintain its momentum and deliver strong financial performance in the coming quarters and years. The upcoming investor webinar is an excellent opportunity for investors to gain a deeper understanding of the company's growth prospects and make informed investment decisions.

Join Energy Recovery's live investor webinar and Q&A session on November 18, 2024, to learn more about the company's strategic vision, financial performance, and growth prospects. For more information, visit the Energy Recovery Investor Relations website at .