Ameresco

Ameresco, Inc. engages in the provision of energy services, including energy efficiency, infrastructure upgrades, asset sustainability, and renewable energy solutions for businesses and organizations throughout North America and Europe. It operates through the following segments: U.S. Regions, U.S. Federal, Canada, Non-Solar Distributed Generation (DG), and All Other. The U.S. Regions, U.S. Federal, and Canada segments offer energy efficiency products and services, such as design, engineering and installation of equipment and other measures to improve the efficiency and control the operation of a facility’s energy infrastructure, and renewable energy solutions and services. The Non-Solar DG sells electricity, processed renewable gas fuel, heat or cooling, produced from renewable sources of energy, other than solar, and generated by small-scale plants, and operations and maintenance services for customer owned small-scale plants. The All Other segment focuses on the provision of enterprise energy management services, consulting services, and integrated-photovoltaic. The company was founded by George Peter Sakellaris on April 25, 2000 and is headquartered in Framingham, MA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Ameresco reports record revenue and profits, eyes growth opportunities

Ameresco's strong financial performance in Q4 2022 and record revenue growth demonstrate the company's resilience and growth potential in the clean tech sector.
Despite operational challenges and delays, Ameresco's strategic acquisitions and market presence in Europe position the company for continued growth and value creation.
Investors can look forward to Ameresco's anticipated growth in adjusted EBITDA, driven by a robust business model and strategic initiatives aimed at expanding market reach and enhancing service offerings.

Ameresco reports robust Q1 performance, eyes European expansion for growth

Ameresco's Q1 performance was strong, with revenue exceeding guidance and a focus on expanding into the European market.
Despite supply chain challenges, the company sees opportunities in converting awarded projects and sustainable cash flow.
Diversified funding sources and strong customer interest position Ameresco for continued growth.
Maintaining financial discipline and leveraging market opportunities are key to Ameresco's growth strategy.

Ameresco reports robust Q2 results, eyes sustainability and growth

Ameresco's strong performance in Q2, focus on sustainability, and robust revenue visibility position the company for continued growth.
While facing challenges in the RIN market and CapEx allocation, Ameresco's strategic initiatives offer opportunities for expansion and value creation.
By reaffirming guidance, targeting larger projects, and exploring M&A, Ameresco demonstrates resilience and adaptability in a dynamic market environment.

Ameresco reports record project backlog in Q3 earnings call

Ameresco's Q3 performance showed strong growth in project backlog and new project awards. While facing challenges in project conversions and delays, the company is adjusting its operational structure for scalability and reacting to market conditions.
The company's strengths lie in emphasizing profitable execution, cash flow generation, and maintaining growth targets. They are leveraging strong RIN prices and exploring opportunities for M&A in Europe.
Despite challenges like supply chain delays and administrative bottlenecks, Ameresco is focused on optimizing cash flow and net income through asset sales. They are navigating delays in project timelines and construction schedules.

Ameresco (AMRC) reports robust Q4 results and eyes European growth

Ameresco's Q4 performance was strong, driven by revenue growth and a focus on executing larger projects. While challenges like supply chain disruptions exist, the company remains confident in meeting 2024 expectations. Opportunities lie in the European market, energy efficiency investments, and lower battery prices impacting project economics.

Ameresco surpasses Q1 revenue targets, affirms strong full-year outlook

Ameresco's Q1 performance exceeded expectations, driven by strong project execution and growth in all business segments. The company remains focused on cash generation, affirmed full-year guidance, and addressed analyst inquiries on project dynamics and growth strategies. Challenges include managing contract risks and ensuring creditworthiness, while opportunities lie in expanding energy asset development and selective business growth initiatives.

Ameresco reports robust Q2 results, poised for clean energy growth

Ameresco's Q2 2024 earnings call reflects exceptional performance, with strong revenue growth, backlog expansion, and revised guidance indicating a positive trajectory.
The company's strengths lie in its resilience in clean energy projects, solid market position, and exciting prospects in RNG projects, offering a strong foundation for growth.
While facing challenges such as CFO transition and debt management, Ameresco has opportunities to leverage its performance, market position, and project portfolio for continued success.

Ameresco reports stellar Q3 results, eyes growth amid challenges

Ameresco's Q3 performance reflects robust growth and financial strength, underpinned by strategic operations and market demand.
While facing challenges like supply chain constraints and election impacts, the company's resilience and opportunities for growth remain promising.
Management's focus on efficiency projects, energy resiliency solutions, and strong financial performance position Ameresco for continued success and market leadership.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

FRAMINGHAM, Mass. & KAUAI, Hawaii--(BUSINESS WIRE)-- #carbonreduction--Kauai Beach Resort partners with cleantech integrator, for a 15-year $15.5 million energy efficiency renovation project.

Kauai Beach Resort Secures Energy as a Service (EaaS) Agreement with Ameresco

FRAMINGHAM, Mass. & WASHINGTON--(BUSINESS WIRE)-- #carbonreduction--Ameresco named winner of a People's Choice Award and finalist in two categories for the 2021 The Cleanie Awards®.

Ameresco Named Winner of a People's Choice Award and Finalist in Two Categories for the 2021 The Cleanie Awards®

If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Ameresco (AMRC).

Can Ameresco (AMRC) Stock Continue to Grow Earnings?

FRAMINGHAM, Mass. & BRISTOL, United Kingdom--(BUSINESS WIRE)-- #carbonreduction--Bristol City Council partners with Ameresco on £1 Million solar PV project.

Bristol City Council Partners with Ameresco on £1 Million Solar PV Project

Does Ameresco (AMRC) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Momentum Investors Will Love Ameresco (AMRC)

FRAMINGHAM, Mass. & SANTA BARBARA, Calif.--(BUSINESS WIRE)-- #carbonreduction--Ameresco announces completion of solar PV project at Montecito Union School District's Nature Lab “Collaboratory”.

Ameresco Announces Completion of Solar PV Project at Montecito Union School District's Nature Lab “Collaboratory”

FRAMINGHAM, Mass. & TORONTO--(BUSINESS WIRE)-- #carbonreduction--Ameresco announces commercial operation of historic smart grid carbon reduction project with Canada's John Paul II Catholic Secondary School.

Ameresco Announces Commercial Operation of Historic Smart Grid Carbon Reduction Project with Canada's John Paul II Catholic Secondary School

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #cleanenergy--Ameresco named to Inc.'s first-annual Best-Led Companies List.

Ameresco Named to Inc.'s First-Annual Best-Led Companies List

Ameresco, Inc. (AMRC) CEO George Sakellaris on Q3 2021 Results - Earnings Call Transcript

Ameresco (AMRC) delivered earnings and revenue surprises of 20.59% and -10.57%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Ameresco (AMRC) Q3 Earnings Top Estimates

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #cleantech--Ameresco reports third quarter 2021 financial results.

Ameresco Reports Third Quarter 2021 Financial Results

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #bankofamerica--Ameresco Announces completion of renewable energy project on Bank of America Chandler Campus.

Ameresco Announces Completion of Renewable Energy Project on Bank of America Chandler Campus

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #batteryenergystorage--Ameresco announces an EPCM contract for large distribution Battery Energy Storage Systems for a total of 537.5 MW / 2.15 GWh.

Ameresco Announces an EPCM Contract for Large Distribution Battery Energy Storage Systems for a Total of 537.5 MW / 2.15 GWh

Equinor

EQNR vs. AMRC: Which Stock Is the Better Value Option?

FRAMINGHAM, Mass. & PETERBOROUGH, Ontario--(BUSINESS WIRE)-- #bess--Trent University and Ameresco partner on energy performance upgrades.

Trent University and Ameresco Partner on Energy Performance Upgrades

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #cleanenergy--Ameresco to announce third quarter 2021 financial results on November 1, 2021.

Ameresco to Announce Third Quarter 2021 Financial Results on November 1, 2021

Ameresco Inc (NYSE: AMRC) has entered into a $43 million Energy Savings Performance Contract (ESPC) with the U.S. Coast Guard (USCG) at the west coast training facility, Training Center (TRACEN) Petaluma.  Ameresco noted that ESPC would intensify resilience against climate threats and reduce annual energy consumption.

Ameresco Enters $43M Energy Savings Performance Contract With US Coast Guard

FRAMINGHAM, Mass. & PETALUMA, Calif.--(BUSINESS WIRE)-- #batteryenergystorage--Ameresco to partner with the United States Coast Guard on first Battery Energy Storage System project at Training Center Petaluma.

Ameresco to Partner with the United States Coast Guard on First Battery Energy Storage System Project at Training Center Petaluma

Prudential Private Capital, part of Prudential Financial, Inc. (NYSE: PRU), invests $44.8 million in Ameresco, Inc's (NYSE: AMRC) Ameresco PV Holdings X LLC. Prudential Private Capital provided $40.7 million of senior secured fixed-rate notes, $4.1 million of the second lien floating rate notes, and an undrawn Pru-Shelf facility with $60.0 million capacity to Ameresco PV Holdings X LLC.

Ameresco PV Holdings X LLC Taps $44.8M Investment From Prudential Private Capital

Ameresco Inc (NYSE: AMRC) partnered with  Wells County, Indiana, on a comprehensive jail facility renovation and modernization project. The financial terms of the contract were not disclosed.

Ameresco Wins Project To Renovate Jail Facility In Wells County, Indiana

FRAMINGHAM, Mass. & WELLS COUNTY, Ind.--(BUSINESS WIRE)-- #cleanenergy--Ameresco partners with Wells County, Indiana to renovate the county's jail facility.

Ameresco Partners with Wells County, Indiana to Renovate the County's Jail Facility

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #cleanenergy--Ameresco to participate at upcoming October conference.

Ameresco to Participate at Upcoming October Conference

Ameresco May Attract ESG Investors

Atlantica Sustainable Infrastructure

Clearway Energy

Enphase Energy

Invesco MSCI Sustainable Future ETF

Hannon Armstrong Sustainable Infrastructure Capital

iShares Global Clean Energy ETF

Alternative energy stocks have been making headlines. These clean energy stocks offer growth potential and lucrative long-term returns.

7 Best Energy Stocks to Buy to Cash in on the Alternative Energy Boom

FRAMINGHAM, Mass. & EL CAMPO, Texas--(BUSINESS WIRE)-- #ami--Ameresco, Inc. (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the completion of its project with the City of El Campo, Texas to upgrade and replace existing water and sewer metering infrastructure. The project resulted after Ameresco conducted an investment grade audit and identified potential utility improvement measures that would restore degraded meter accuracy, improve

News for Ameresco Stock (AMRC)