Ameresco (AMRC) Tops Q4 EPS by 5c, Revenues Miss; Offers FY19 EPS Mid-Point Below Consensus, FY19 Revenue Mid-Point Above Consensus

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Go back to Ameresco (AMRC) Tops Q4 EPS by 5c, Revenues Miss; Offers FY19 EPS Mid-Point Below Consensus, FY19 Revenue Mid-Point Above Consensus

Ameresco Reports Fourth Quarter and Full Year 2018 Financial Results

March 6, 2019 6:00 AM EST

Fourth Quarter 2018 Financial Highlights:

Revenues of $217.4 million, compared to $211.1 million, up 3.0% Net income attributable to common shareholders of $11.6 million, and $0.24 per diluted share. Excluding prior year one-time benefit from Tax Cuts and Jobs Act, net income attributable to common shareholders was up 18%, and per diluted share was up 14% Adjusted EBITDA of $28.2 million, compared to $21.1 million, up 34% Non-GAAP EPS of $0.23, compared to $0.18 that excludes prior year one-time benefit from Tax Cuts and Jobs Act, up 28% Project backlog of nearly $2 billion, up 11%; Contracted backlog of $727 million, up 27%... More