Business Context and Reporting Period
This Form 8-K is a current report filed by Energy Recovery, Inc. on March 31, 2009. The filing serves as a Regulation FD disclosure regarding a specific corporate event rather than a periodic financial report.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is an event notification and does not contain financial statements or performance metrics.
Material Changes
The primary material event reported is a new project award:
- Client: Acciona Agua
- Project: 75,000 m3/day desalination plant
- Location: Venezuela
- Date of Award: March 31, 2009
Guidance, Outlook, and Risks
The filing does not contain updated financial guidance, management commentary on future outlook, or specific risk factors beyond the general context of the new contract. The full details of the award are referenced in the attached news release (Exhibit 99.1).
Investor Verification Checklist
- Verify the total contract value and payment terms for the Venezuela desalination project.
- Review the attached news release (Exhibit 99.1) for technical specifications and project timeline.
- Assess the impact of this award on the company's backlog and future revenue recognition.
- Confirm the status of the company's liquidity and operational capacity to fulfill the new order.