EnerNOC Inc. Announces 79% Decline In Q3 Bottom Line

(RTTNews) - EnerNOC Inc. (ENOC) reported a profit for third quarter that retreated from last year.

The company said its earnings declined to $21.42 million, or $0.74 per share. This was down from $100.32 million, or $3.50 per share, in last year's third quarter.

The company said revenue for the quarter fell 34.0% to $217.32 million. This was down from $329.42 million last year.

EnerNOC Inc. earnings at a glance:

-Earnings (Q3): $21.42 Mln. vs. $100.32 Mln. last year. -Earnings Decline (Y-o-Y): -78.6% -EPS (Q3): $0.74 vs. $3.50 last year. -EPS Decline (Y-o-Y): -78.9% -Revenue (Q3): $217.32 Mln vs. $329.42 Mln last year. -Revenue Change (Y-o-Y): -34.0%

-Guidance: Next quarter EPS guidance: (-$1.13 ) - (-$0.97) Next quarter revenue guidance: $50 - $60 Mln Full year EPS guidance: (-$2.10) - (-$1.94) Full year revenue guidance: $390 - $400 Mln