Ameresco: Q1 Earnings Snapshot

FRAMINGHAM, Mass. (AP) — FRAMINGHAM, Mass. (AP) — Ameresco (AMRC) on Monday reported first-quarter net income of $1.1 million. The Framingham, Mass...

May 3, 2023
5:20 AM

FRAMINGHAM, Mass. (AP) — FRAMINGHAM, Mass. (AP) — Ameresco (AMRC) on Monday reported first-quarter net income of $1.1 million. The Framingham, Massachusetts-based company said it had net income of 2 cents per share. Earnings, adjusted for non-recurring costs, came to 3 cents per share. The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share. The energy services company posted revenue of $271 million in the period, topping Street forecasts.

Hugh Bailey