EnerNOC, Inc. Issues FY 2011 Mixed Outlook; Revises FY 2012, 2013 Revenue Outlook To A Range Below Analysts' Estimates; Revises FY 2012, 2013 EBITDA Outlook To A Range In Line With Analysts' Estimates

EnerNOC, Inc. announced that for fiscal 2011, it expects revenues to be between $285-$286 million, GAAP net loss per share to be between $0.51-$0.54, Adjusted EBITDA to be between $25-$26 million, EPS loss includes $0.07 per share of incremental expense, previously expected to be incurred in fiscal 2012, related to termination of a financial-assurance agreement with a credit partner. The Company revised fiscal 2012 and fiscal 2013 guidance. For fiscal 2012, the Company expects revenue to be between $240-$280 million, GAAP net loss to be between $1.00-$1.60 per basic and diluted share, Adjusted EBITDA to be between $0-$20 million. For Fiscal 2013, the Company expects revenue to be between $350-$400 million, GAAP net earnings in the range of a net loss of $0.25 per basic and diluted share and a gain of $0.50 per diluted share and adjusted EBITDA to be between $35-$60 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $292 million, EBITDA of $17.8 million for fiscal 2011; revenues of $289 million, EBITDA of $2.5 million for fiscal 2012; revenues of $419 million, EBITDA of $53.6 million for fiscal 2013.