earnings
confidence high
sentiment negative
materiality 0.75
Ameresco Q3 revenue $335M, GAAP EPS $0.40; backlog up 14% QoQ; guidance reset due to project delays
Ameresco, Inc.
2023-Q3 EPS reported
$0.54
revenue$933,265,000
- Revenues $335.1M; net income $21.3M; GAAP & non-GAAP EPS $0.40; adjusted EBITDA $43.3M.
- Total project backlog up 14% sequentially to record; $708M in new awards during Q3.
- Results affected by project delays and asset downtime; secured over $500M in financing commitments.
- Guidance reset to reflect continued industry headwinds (specific figures not provided in excerpt).