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Energy Recovery's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Energy Recovery, Inc (ERII)

Q2 2012 Earnings Conference Call

August 03, 2012 11:00 AM ET


Alex Buehler – CFO

Thomas Rooney – President and CEO


Laurence Alexander – Jefferies & Company, Inc.

Dale Pfau – Cantor Fitzgerald

Patrick Jobin – Credit Suisse

Michael Legg – ROTH Capital Partners

JinMing Liu – Ardour Capital Investments

Robert Smith – Center for Performance Investing

Steve Shaw – Sidoti & Company

John Rosenberg – Geneve Capital Group



Welcome to the ERII Second Quarter 2012 earnings call, on the second of August 2012. For today’s recorded presentation, all participants will be in a listen-only mode. After the presentation they will be an opportunity to ask questions. (Operator instructions).

I will now hand the conference over to Tom Rooney, Energy Recovery’s CEO. Please go ahead Sir.

Thomas Rooney

Good morning everyone and welcome to Energy Recovery’s Second Quarter 2012 conference call. My name is Tom Rooney and I’m here today with our Chief Financial Officer, Alex Buehler. The primary purpose of today’s call is to provide you with information about our financial performance in the Second Quarter of 2012. However, some of our comments and responses to questions may contain forward looking statements about market trends, future revenue, growth expectations, cost structure, gross profit margins, new products and business strategy. Such statements are predictions based on current expectations about future events and are subject to the safe harbor of provisions of the US Private Securities Litigation Reform Act. Forward looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors could cause actual results to differ materially. A detailed discussion of these factors and uncertainties is contained in the reports of the company files with the US Securities and Exchange Commission.

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