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

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