Ameresco Reports Second Quarter 2019 Financial Results

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Go back to Ameresco Reports Second Quarter 2019 Financial Results

Ameresco (AMRC) Tops Q2 EPS by 3c, Revenues Beat; Affirms FY19 EPS/Revenue Guidance

August 8, 2019 6:08 AM EDT

Ameresco (NYSE: AMRC) reported Q2 EPS of $0.18, $0.03 better than the analyst estimate of $0.15. Revenue for the quarter came in at $198.2 million versus the consensus estimate of $196.95 million.

Second Quarter 2019 Financial Highlights:

Revenues of $198.2 millionNet income attributable to common shareholders of $9.2 millionNet income per diluted share of $0.19Adjusted EBITDA of $23.6 millionPlaced 14MWe of assets into operations

Second quarter results reflected solid execution in our smart energy solutions, while we continued to develop and place in operation an increasing number of energy assets, said George P. Sakellaris, President and Chief... More