AMRC Q3 2023 Earnings — Ameresco, Inc. Revenue & Financial Results | Market Cap Arena

AMRCAmeresco, Inc.

$1B

Q3 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$335M-24.1% YoY

Gross Profit

$64M19.0% margin

Operating Income

$21M6.4% margin

Net Income

$21M6.3% margin

EPS (Diluted)

$0.40

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$195M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$2.5B

Stockholders' Equity

$869M

Cash & Equivalents

$165M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$335M	$441M	-24.1%
Gross Profit	$64M	$80M	-20.0%
Operating Income	$21M	$39M	-45.0%
Net Income	$21M	$27M	-22.4%

Revenue Segments

Project Revenue

$243M75%

Energy Assets Revenue

$44M14%

Operations And Maintenance Revenue

$23M7%

Other Revenue

$14M4%

Geographic Segments

UNITED STATES

$280M83%

Other Countries

$40M12%

CANADA

$16M5%