Ameresco (AMRC) Misses Q2 EPS by 2c

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Go back to Ameresco (AMRC) Misses Q2 EPS by 2c

Ameresco Reports Second Quarter 2023 Financial Results

July 31, 2023 4:05 PM EDT

Record Total Project Backlog Increased 9% Sequentially, with $493M in New Awards
Added a Record 113 MWe of Energy Assets into Development
Significant Battery Energy Storage Project Wins and Asset Activity
EPA Action Supports Positive Multiyear RNG Revenue Outlook
Reaffirms 2023 Guidance

Second Quarter 2023 Financial Highlights:

Revenues of $327.1 million Net income attributable to common shareholders of $6.4 million GAAP EPS of $0.12 Non-GAAP EPS of $0.15 Adjusted EBITDA of $37.4 million

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- Ameresco,... More