Energy Recovery (ERII) Q2 FY26 earnings call

Energy Recovery navigates Q2 FY26 with a strong long-term project pipeline and product leadership, particularly with the new PX Q650. However, geopolitical conflicts are causing temporary project delays and clouding near-term visibility, impacting revenue conversion from backlog. The company is focused on operational efficiency and strategic manufacturing expansion in Saudi Arabia, while also addressing soft performance in the wastewater market.