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Ameresco, Inc.
2/28/2024
Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Amoresco 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. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, press star 11 again. Please be advised that today's conference is being recorded. I would now like to turn the conference over to your host, Ms. A'Lelia Dillon, Senior Vice President, Marketing and Communications. Ms. Dillon, you may begin.
Thank you, Lisa. And good afternoon, everyone. We appreciate you joining us for today's call. Joining me here are George Sakolaris, Amoresco's Chairman, President, and Chief Executive Officer. Doran Hull, 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 two 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 the reconciliations to these measures in our supplemental information. I will now turn the call over to George.
George? Thank you, Lila, and good afternoon, everyone. Fourth quarter results marked a strong finish to a challenging year for the renewable industry and for MRSCO. We not only achieved very positive revenue adjusted EBITDA, and net income growth, but also our business development execution remained very strong. We exceeded 2023 with record backlog and asset development metrics. These metrics, together with our intense focus on execution, point to 2024 being a year of
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