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More on Ameresco's Q2

Aug. 09, 2016 9:01 AM ETAmeresco, Inc. (AMRC) StockAMRCBy: Yoel Minkoff, SA News Editor
  • Net income of $2M, or $0.08 per diluted share vs. $2M, or $0.04 per diluted share in the same quarter a year ago.
  • Revenues rose 6.6% to $162.6M, compared to $152.5M a year earlier.
  • Adjusted EBITDA of $13.2M, up 15%; Adjusted cash from operations of -$2.3M vs. $8M in the prior year.
  • Repurchased 417,698 shares of its Class A common stock for an average per share price of $4.63.
  • Reaffirmed guidance for 2016: Net income per diluted share of $0.25-$0.30; Revenue of $645M-$680M; Adjusted EBITDA of $51M-$57M.
  • Q2 results

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