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Ameresko shares plunge 36.4% despite record backlog

Earnings Whispers +1 · ·by G4L

AMRC
AMRC Ameresco Inc
$22.45 +3.89%
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  1. 1Ameresko recorded $1.8 billion in new orders three months ago.
  2. 2Ameresko achieved a 65% increase in awarded backlog three months ago.
  3. 3Ameresko shares fell 36.4%.

So what's the key point?

Ameresko saw a large increase in new work, reaching $1.8 billion. However, the stock price fell by 36.4%.

Source Earnings Whispers +1 · View original ↗

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