Shares of Ameresco (AMRC), a leading clean technology integrator, are skyrocketing 28.23% in pre-market trading on Tuesday following the release of its exceptional second-quarter 2025 financial results. The company's performance significantly surpassed analyst expectations, demonstrating robust growth across key metrics and reaffirming its positive outlook for the year.
Ameresco reported total revenues of $472.3 million for Q2, marking an 8% increase year-over-year and comfortably beating the analyst consensus estimate of $414.4 million. The company's adjusted earnings per share (EPS) came in at $0.27, dramatically outperforming the expected $0.08 and showing substantial improvement from the $0.10 per share reported in the same period last year. This stellar performance was further underscored by Ameresco's adjusted EBITDA, which reached $56.1 million, a 24% increase from the previous year.
CEO George Sakellaris highlighted the company's strong execution across its operations, noting that the total project backlog now exceeds $5 billion, driven by energy infrastructure and resiliency projects. Ameresco secured over $550.0 million in new project awards during the quarter, indicating continued strong demand for its services. The company also reiterated its 2025 guidance, projecting non-GAAP earnings of $0.70 to $0.90 per share on revenue of $1.85 billion to $1.95 billion. This reaffirmation signals confidence in Ameresco's growth trajectory amidst increasing demand for electricity and rising utility rates, further fueling investor enthusiasm and driving the significant pre-market price surge.