Ameresco (AMRC) Tops Q1 EPS by 8c, Maintains Guidance

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Ameresco Reports First Quarter 2020 Financial Results

May 4, 2020 4:05 PM EDT

- Strong Revenue Growth and Expense Control Drives Substantial Profit Growth -

- Strong Liquidity Position to Fund Continued Growth -

- Qualifies as an "Essential Service" Under Most Government Directives -

- Maintains 2020 Guidance Range -

First Quarter 2020 Financial Highlights:

Revenues of $212.4 million, an increase of 42% GAAP EPS of $0.13 Non-GAAP EPS of $0.15, an increase of 650% Adjusted EBITDA of $21.2 million, an increase of 50%

FRAMINGHAM, Mass.--(BUSINESS... More