Ameresco Non-GAAP EPS of $0.40 misses by $0.06, revenue of $335.15M misses by $50.02M

• Ameresco press release (NYSE:AMRC): Q3 Non-GAAP EPS of $0.40 misses by $0.06.
• Revenue of $335.15M (-24.1% Y/Y) misses by $50.02M.
• Record Total Project Backlog Increased 14% Sequentially, with $708M in New Awards.
• 2023 Outlook: Revenue $1.315 - $1.370 billion; Gross Margin 18.5-19%; Adjusted EBITDA $160-170M; Non-GAAP EPS $1.15-1.25.
• Shares -17.32%.

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