Ameresco Q4 2023 revenue $441.4M, GAAP EPS $0.64; guides to 38% Adj. EBITDA growth in 2024

Ameresco, Inc.

2023-FY EPS reported $1.17 revenue$1,374,633,000

Full year 2023 revenue $1,374.6M; net income $62.5M ($1.17 GAAP EPS); Adjusted EBITDA $163.0M.
Q4 revenue $441.4M, GAAP EPS $0.64, non-GAAP EPS $0.69; Adj. EBITDA $54.9M.
Record total project backlog ~$4B, with $520M new awards in Q4; 717 MWe assets in development.
2024 guidance: 38% Adj. EBITDA growth at midpoint.
63 MWe placed into operation in Q4.

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