Energy Recovery is trading 7.6% down at $8.19 after reporting disappointing Q2 2026 results that missed analyst expectations on both revenue and earnings.
- Revenue plummeted 57% year-over-year to $12.0 million, resulting in a net loss of $3.2 million or $0.06 per share.
- Management cited geopolitical issues impacting project delivery as a key factor in the significant revenue decline and reversal from prior-year profitability.