Energy Recovery, Inc. Form 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by Energy Recovery, Inc. on October 2, 2008. The report discloses a material event under Item 7.01 (Regulation FD Disclosure) regarding a new project award.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses solely on a specific corporate event rather than periodic financial results.
Material Changes
On October 2, 2008, the company announced a project award for a desalination system designed for mining applications. The project has a capacity of 140,000 cubic meters per day (37 million gallons per day).
Guidance, Outlook, and Risks
The filing incorporates a news release by reference but does not contain updated financial guidance, management commentary on future outlook, or specific risk factors within the text of this report. No unusual items or contingencies were disclosed in this specific filing.
Investor Verification Checklist
- Verify the terms and expected revenue impact of the 140,000 m3/day mining desalination project.
- Review the attached news release (Exhibit 99.1) for details on contract value and timeline.
- Confirm if this award represents a new market segment expansion for the company.