Ameresco (AMRC) Tops Q3 EPS by 13c, Offers Guidance

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Go back to Ameresco (AMRC) Tops Q3 EPS by 13c, Offers Guidance

Ameresco Reports Third Quarter 2020 Financial Results

November 2, 2020 4:05 PM EST

- Exceptional Revenue and Profit Growth -

- High Utilization and Expense Control Drive Significant Operating Leverage -

- Raising Full Year 2020 Guidance -

- Backlog and Recurring Revenue Provide Visibility to Strong 2021 -

Third Quarter 2020 Financial Highlights:

Revenues of $282.5 million, up 33% compared to last year Net Income of $20.0 million and GAAP EPS of $0.41 Adjusted EBITDA of $36.8 million, up 54% Non-GAAP EPS of $0.38, up 111%

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