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SAN LEANDRO, Calif. (AP) — SAN LEANDRO, Calif. (AP) — Energy Recovery Inc. (ERII) on Wednesday reported a loss of $9.9 million in its first quarter.
On a per-share basis, the San Leandro, California-based company said it had a loss of 18 cents. Losses, adjusted for stock option expense and non-recurring costs, came to 13 cents per share.
The maker of energy recovery devices posted revenue of $8.1 million in the period.
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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