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Ameresco(AMRC) - 2024 Q1 - Quarterly Results
2024-05-07 20:09
Exhibit 99.1 Ameresco Reports First Quarter 2024 Financial Results Solid Execution with Growth Across All Business Lines 45% Y/Y Growth in Contracted Backlog Over 750 MWe Ameresco Owned Energy Assets in Development Reaffirms 2024 Guidance First Quarter 2024 Financial Highlights: • Revenues of $298.4 million • Net loss attributable to common shareholders of $2.9 million • GAAP EPS of ($0.06) • Non-GAAP EPS of ($0.10) • Adjusted EBITDA of $30.8 million FRAMINGHAM, MA – May 7, 2024 – Ameresco, Inc. (NYSE:AMRC) ...
Ameresco Announces a Contract for Efficiency Upgrades and Emissions Reductions at a Military Base in Western Canada
Businesswire· 2024-03-14 12:05
FRAMINGHAM, Mass. & EDMONTON, Alberta--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, announced a contract to design, engineer and implement energy upgrades across 124 buildings covering 4.6 million square feet at Canadian Forces Base in Edmonton, Canada. The energy conservation measures include the installation of LED lighting, boiler plant and heating system upgrades, converting fuel sources from natural gas to elect ...
Public Schools of the Tarrytowns Select Ameresco for Energy Performance Contract
Businesswire· 2024-03-06 13:05
TARRYTOWN, N.Y.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced its strategic partnership with the Public Schools of Tarrytowns. Following a thorough Request for Proposals (RFP) process, Energia, the engineering firm acting as the Owner’s Representative during project development and implementation, chose Ameresco as the winner to lead the Comprehensive Energy Audit. The key goals of the program include li ...
Why Ameresco Stock Topped the Market on Thursday
The Motley Fool· 2024-02-29 23:25
Cleantech energy integration specialist Ameresco (AMRC 2.90%) provided its investors with a pleasant jolt of energy after market close on Wednesday. It published a set of quarterly figures in which the headline numbers beat analyst estimates for both revenue and profitability. The market rewarded the company with a nearly 3% bump in its share price Thursday, a figure that was higher than the S&P 500 index's 0.5% rise.Growth and estimate beats in the fourth quarterNot only did Ameresco's fourth-quarter resul ...
Ameresco(AMRC) - 2023 Q4 - Earnings Call Transcript
2024-02-29 02:27
Ameresco, Inc. (NYSE:AMRC) Q4 2023 Earnings Conference Call February 28, 2024 4:30 PM ET Company Participants Leila Dillon - Senior Vice President, Marketing & Communications George Sakellaris - Chairman, President & Chief Executive Officer Doran Hole - Executive Vice President & Chief Financial Officer Mark Chiplock - Senior Vice President & Chief Accounting Officer Conference Call Participants Noah Kaye - Oppenheimer & Co. George Gianarikas - Canaccord Eric Stine - Craig Hallum William Grippin - UBS Chris ...
Ameresco (AMRC) Q4 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-02-28 23:36
Ameresco (AMRC) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15%. A quarter ago, it was expected that this energy services company would post earnings of $0.47 per share when it actually produced earnings of $0.40, delivering a surprise of -14.89%.Over the last four quarters, the c ...
Ameresco(AMRC) - 2023 Q4 - Earnings Call Presentation
2024-02-28 21:31
Q4 2023 Supplemental Information February 28, 2024 ...
Ameresco(AMRC) - 2023 Q4 - Annual Report
2024-02-28 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounti ...
Ameresco(AMRC) - 2023 Q4 - Annual Results
2024-02-27 16:00
Exhibit 99.1 FOR IMMEDIATE RELEASE Ameresco Reports Fourth Quarter and Full Year 2023 Financial Results Awarded Project Backlog Conversion Drives Significant Q4 Revenue and Profit Growth Record Total Project Backlog of nearly $4B, with $520M in New Awards in Q4 717 MWe of Assets in Development, with 63 MWe Placed into Operation in the Quarter Guiding to 38% Adj. EBITDA Growth at the Midpoint for 2024 Full Year and Fourth Quarter 2023 Financial Highlights: • Revenues of $1,374.6 million and $441.4 million • ...
Ameresco (AMRC) Earnings Expected to Grow: Should You Buy?
Zacks Investment Research· 2024-02-21 16:06
Ameresco (AMRC) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 28 ...