Ameresco, Inc. (NYSE:AMRC) Q4 2023 Earnings Conference Call February 28, 2024 4:30 PM ET

Company Participants

Leila Dillon - Senior Vice President, Marketing & Communications

George Sakellaris - Chairman, President & Chief Executive Officer

Doran Hole - Executive Vice President & Chief Financial Officer

Mark Chiplock - Senior Vice President & Chief Accounting Officer

Conference Call Participants

Noah Kaye - Oppenheimer & Co.

George Gianarikas - Canaccord

Eric Stine - Craig Hallum

William Grippin - UBS

Christopher Souther - B. Riley

Kashy Harrison - Piper Sandler

Julien Dumoulin - Bank of America

Craig Irwin - Roth MKM

Tim Mulrooney - William Blair

Pavel Molchanov - Raymond James

Benjamin Kallo - Baird

Operator

Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Ameresco Incorporated Fourth Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode. After the speaker’s presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to turn the conference over to your host, Ms. Leila Dillon, Senior Vice President, Marketing and Communications. Ms. Dillion, you may begin.

Leila Dillon

Thank you, Lisa, and good afternoon, everyone. We appreciate you joining us for today's call. Joining me here are George Sakellaris, Ameresco’s Chairman, President and Chief Executive Officer; Doran Hole, Executive Vice President and Chief Financial Officer and Mark Chiplock, Senior Vice President and Chief Accounting Officer.

Before I turn the call over to George, I would like to make a brief statement regarding forward-looking remarks. Today's earnings materials contain forward-looking statements, including statements regarding our expectations. All forward-looking statements are subject to risks and uncertainties.

Please refer to today's earnings materials, the safe harbor language on slide 2 of our supplemental information and our SEC filings for a discussion of the major risk factors that could cause our actual results to differ from those in our forward-looking statements. In addition, we use several non-GAAP measures when presenting our financial results. We have included reconciliations to these measures in our supplemental information.

I will now turn the call over to George. George?

George Sakellaris

Thank you, Leila, and good afternoon, everyone. Fourth quarter results marked a strong finish to a challenging year for the renewable industry and for Ameresco. We not only achieved very positive revenue, adjusted EBITDA and net income growth but also our business development execution remained very strong.