Ameresco (AMRC) Misses Q1 EPS by 4c; Offers FY23 Guidance

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Ameresco Reports First Quarter 2023 Financial Results

May 1, 2023 4:05 PM EDT

First Quarter Revenue Ahead and Profits in Line with Guidance
Total Backlog Increased 13% Sequentially, with $472M in New Awards
Placed 34 MWe of Energy Assets into Operation
Reaffirms 2023 Guidance
First Quarter 2023 Financial Highlights:

Revenues of $271.0 million Net income attributable to common shareholders of $1.1 million GAAP EPS of $0.02 Non-GAAP EPS of $0.03 Adjusted EBITDA of $27.4 million

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- Ameresco, Inc. (NYSE: AMRC), a leading cleantech integrator... More