Business Context and Reporting Period
This Form 8-K was filed by Energy Recovery, Inc. on May 11, 2009, reporting events occurring on May 5, 2009. The filing serves as a Regulation FD disclosure regarding a significant 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 exclusively on a specific corporate event rather than periodic financial performance.
Material Changes
On May 5, 2009, Energy Recovery, Inc. announced a project award from Acciona Agua. The award is for the supply of equipment for a 150,000 m3/day desalination plant located in Adelaide, Australia.
Guidance, Outlook, and Risks
The filing incorporates a news release by reference but does not contain explicit forward-looking guidance, management commentary on future financial outlook, or a discussion of specific risks and contingencies within the body of this 8-K.
Investor Verification Checklist
- Verify the terms and expected revenue impact of the Acciona Agua contract for the Adelaide desalination plant.
- Review the attached news release (Exhibit 99.1) for detailed project specifications and timelines.
- Confirm the status of the company's order backlog following this award.