Form 8-K ENERNOC INC For: Nov 03

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Go back to Form 8-K ENERNOC INC For: Nov 03

EnerNOC (ENOC) Tops Q3 EPS Views; Boosts Outlook; Updates on Demand Response Portfolio in Korea

November 3, 2016 8:21 AM EDT

EnerNOC (NASDAQ: ENOC) reported Q3 EPS of $0.65, $0.57 better than the analyst estimate of $0.08. Revenue for the quarter came in at $167.8 million versus the consensus estimate of $148.49 million.

EnerNOC also announced that its demand response portfolio in Korea surpassed one gigawattroughly equivalent to the amount of power generated by a nuclear power plant.

EnerNOC entered the market in late 2014, following legislation earlier that year that introduced demand response into the countrys wholesale capacity market. Since establishing operations in Korea, EnerNOC... More