Ameresco reports Q3 2022 revenue $441.3M, up 61% YoY; GAAP EPS $0.51, up 55%

Ameresco, Inc.

2022-Q3 EPS reported $1.44 revenue$1,492,695,000

Revenue $441.3M (+61% YoY); net income $27.4M (+57%); GAAP EPS $0.51, Non-GAAP EPS $0.54.
Adjusted EBITDA $57.9M, up 44% YoY.
Reaffirms full-year 2022 guidance; cites Inflation Reduction Act as long-term growth driver.
Reports notable project and asset wins in Europe, reflecting growing international momentum.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Ameresco, Inc. reported the quarter ended September 30, 2022 results: revenue $441.3 million, net income $27.4 million, EPS $0.51. Guidance reaffirmed.

Period: the quarter ended September 30, 2022
Revenue: $441.3 million
Net income: $27.4 million
EPS: $0.51
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Ameresco Reports Third Quarter 2022 Financial Results – Strong Q3 Revenue and Profit with Growth Across All Business Lines – – Inflation Reduction Act Provides Excellent Long Term Growth Opportunities – – Notable Project and Asset Wins in Europe as Momentum Increases – – Re-affirms FY22 Guidance – Third Quarter 2022 Financial Highlights: (All financial result comparisons made are against the prior year period unless otherwise noted) • Revenues of $441.3 million, up 61% • Net income attributable to common shareholders of $27.4 million, up 57% • GAAP EPS of $0.51, up 55% • Non-GAAP EPS of $0.54, up 32% • Adjusted EBITDA of $57.9 million, up 44%

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Source: SEC EDGAR

accession 0001488139-22-000105

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