Business Context and Reporting Period
This Form 8-K Current Report was filed by Energy Recovery, Inc. on November 6, 2008, covering events occurring on November 3, 2008. The filing serves as a Regulation FD disclosure regarding a significant business development.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a contractual event rather than periodic financial performance.
Material Changes
The primary material change reported is the award of an energy recovery contract for the expansion of the Tordera seawater reverse osmosis (SWRO) desalination plant located near Barcelona. This event was announced via a news release on November 3, 2008.
Guidance, Outlook, and Risks
The filing incorporates a news release by reference but does not contain explicit management commentary on future guidance, outlook, risks, contingencies, or unusual items within the body of the 8-K text provided.
Investor Verification Checklist
- Verify the specific financial terms and duration of the Tordera SWRO expansion contract in the attached news release (Exhibit 99.1).
- Confirm the expected revenue recognition timeline associated with this contract award.
- Review the full text of the November 3, 2008 news release for details on the scope of work and strategic implications.