Ameresco, Inc. Q2 FY2023 Earnings Call

Ameresco, Inc. (AMRC)

Earnings Call FY2023 Q2 Call date: 2023-07-31 Concluded

Quarter scorecard

Revenue

$327.07M

-43.4% YoY

Diluted EPS

$0.12

-80.3% YoY

Gross margin

17.9%

+3.8 pp YoY

Net income

$6.37M

-80.2% YoY

Project Revenue $228.89M

-53.2%

Energy Assets Revenue $50.01M

+16.5%

Other Revenue $25.16M

+109%

Operations and Maintenance Revenue $23.02M

+9.3%