Energy Recovery Inc released financial results for the 2nd quarter ending June 30, 2008. The company provides ultra efficient energy recovery products and technology for seawater desalinization. Their financial results have definitely improved over the past year: net revenue is up 247% to $12.0 million, and net income has increased from a loss of .4 million to a profit of $1.8 million.

The company went public in July of this year, selling 16,100,000 shares of … Read the rest