Energy Recovery, Inc. (Nasdaq:ERII), a leader in the design and development of energy recovery devices for desalination, announced the results of its third quarter ended September 30, 2009. In the third quarter, ERI achieved net revenue of $9.5 million and a net profit of $550,000 or $0.01 per diluted share. Both the net revenue and net profit were in line with the Company’s guidance.

ERI provides the following guidance for the fourth quarter of 2009 and the full

Q4 2009/ Fiscal Year 2009

Estimated net revenue $14.5 to $16.5 million/ $46 to $48 million

Estimated net income $1.4 to $2.1 million/ $3.5 to $4.0 million

Estimated earnings per diluted share $0.03 to $0.04/ $0.07 to $0.08

ERI estimates that for 2010, its net revenue will improve by 25% over 2009.

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