earnings
confidence high
sentiment positive
materiality 0.75
Ameresco Q3 revenue $500.9M (+49% YoY); GAAP EPS $0.33; backlog up 22% to $4.5B
Ameresco, Inc.
2024-Q3 EPS reported
$0.37
revenue$1,237,261,000
- Revenue of $500.9M, up 49% YoY; project revenue up 59%.
- GAAP EPS $0.33, Non-GAAP EPS $0.32; net income $17.6M.
- Total project backlog $4.5B (+22% Y/Y); contracted backlog +56% Y/Y.
- Record 209 MWe energy assets placed into operation YTD, exceeding FY guidance.
- Reaffirmed 2024 guidance; O&M backlog increased $180M Y/Y.