Ameresco (AMRC) Tops Q1 EPS by 15c

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Ameresco Reports First Quarter 2021 Financial Results

May 4, 2021 4:05 PM EDT

- Revenue and Profit Growth Exceeds Expectations -

- Meaningful Pickup in Project Award Activity -

- Recent Capital Raise Supports Accelerated Energy Asset Growth -

- Increases 2021 Guidance -

First Quarter 2021 Financial Highlights:

Revenues of $252.2 million, up 19% year-over-year Net Income of $11.2 million, up 80% GAAP EPS of $0.22, up 69% Non-GAAP EPS of $0.25, up 67% Adjusted EBITDA of $29.7 million, up 40%

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- Ameresco, Inc. (NYSE:... More