Welcome to our second quarter 2015 conference call. Throw away 80% of what was just said and find the 20% that has all of the value. It's a combination of renewables that are going to need demand response to balance out the intermittency on the grid. Analyze up to 10 years of full 10K Annual Reports and Quarterly 10Q SEC filings for Enernoc Inc (ENOC) using our online tools. Today, EnerNOC is one of the world's largest full-service energy management providers with over 700 employees and operations in the United States, Canada, the United Kingdom, Australia and New Zealand. For Q3, we anticipate revenue of $224 million to $239 million and adjusted EBITDA in the range of $33 million to $37 million. Although there may be fluctuations on a quarterly basis, we generally expect to post negative net churn rates as we expand within our existing customer base. Over the trailing 12 months period that ended in Q2, the gross churn rate of our enterprise ARR was 12% which is not all that surprising in the context of a reduction of legacy World Energy customers. The majority of that growth was due to revenue we earned related to the recently introduced extended and annual PJM products. Businesses need to understand how does this transform their organization, what business process changes does that mean? Tim Healy Net Worth. By quickly adopting multiple EIS products to serve the energy intelligence needs of all of its business customers, Consumers is operating with a sense of urgency to adapt to the changing landscape and get closer to its customers. We more than doubled our enterprise revenue year-over-year to $18 million principally due to the acquisition of World Energy Solutions. EnerNoc's technology-enabled energy management solutions help meet the needs of utilities/grid operators that deliver energy and are responsible for maintaining the real-time balance between supply and demand. In addition to his executive experience, Healy has been a board member or executive advisor to various companies including Veregy, P3 Energy, and Genability. And then I think finally, there is a system integration or SI layer here where the typical system integrators are starting to pay attention to the enormous opportunity that this has to help businesses transform. On today's call we will discuss estimates, as well as make statements that are forward-looking under the Private Securities Litigation Reform Act of 1995, and other federal securities laws. Complete your funding profile with all sections filled, including your products and services, a complete management team with headshots, and slideshow with product images. Congress Passes Spending Bill With Solar, Wind Tax Credit Extensions and Energy R&D Package, The 5 Most Promising Long-Duration Storage Technologies Left Standing, I Fully Converted a Home to Electricity.
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