‘Recovery, improvement’ in Ameresco results

Framingham-based Ameresco reported financial gains in its fourth-quarter and full-year 2014 results.

The energy efficiency and renewable energy company said Thursday that revenues for the fourth quarter, which ended Dec. 31, were $181.million, bettering the $176.1 million of the fourth quarter in 2013. Meanwhile, net income for the quarter was $8.7 million, more than six times the $1.6 million the company earned in 2013. (Net income per diluted share was 18 cents, compared to 3 cents in 2013.)

For the year, revenues advanced slightly to $593.2 million from $574.2 million in 2013. Net income more than quadrupled to $10.4 million from $2.4 million. (Per share, net income advanced to 22 cents from 5 cents.)

“We made great progress in 2014,” George P. Sakellaris, the company’s chairman, president and CEO said in the statement. “We achieved year-over-year growth for both metrics for the first time since full year 2011.”

The company addressed operating efficiencies during 2014, decided to keep more of the solar assets it develops for its own portfolio, and expanded its value-added service capabilities in the United Kingdom, Sakellaris said. Those and other changes that added up “a year of recovery and improvement,” he noted.

Ameresco said it expects to bring in revenue in the range of $610 million to $640 million in 2015.