AP NEWS

Ameresco: 2Q Earnings Snapshot

August 7, 2018

FRAMINGHAM, Mass. (AP) _ Ameresco (AMRC) on Tuesday reported second-quarter profit of $8.7 million.

On a per-share basis, the Framingham, Massachusetts-based company said it had profit of 19 cents. Earnings, adjusted for restructuring gains, were 18 cents per share.

The energy services company posted revenue of $197 million in the period.

Ameresco expects full-year earnings to be 65 cents to 75 cents per share, with revenue in the range of $780 million to $820 million.

Ameresco shares have risen 67 percent since the beginning of the year. The stock has more than doubled in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMRC at https://www.zacks.com/ap/AMRC

AP RADIO
Update hourly