earnings
confidence high
sentiment neutral
materiality 0.75
Ameresco Q2 revenue $438M, EPS $0.09; CFO Doran Hole resigns, Mark Chiplock promoted
Ameresco, Inc.
2024-Q2 EPS reported
$0.04
revenue$736,388,000
- Revenue $438M; net income $5M; GAAP EPS $0.09, non-GAAP EPS $0.10; adjusted EBITDA $45.1M (incl. $6.6M SoCal Ed revision).
- Project revenue up 45% YoY; total backlog $4.4B record (+36% YoY); contracted backlog up 51%.
- Record 155 MWe energy assets placed into operation during Q2.
- Company adjusting 2024 guidance (specifics not provided).
- CFO Doran Hole resigns effective Aug 30, 2024; Mark Chiplock promoted to EVP & CFO effective Aug 31, 2024.