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The shares have more than quadrupled this year. (Pat Greenhouse/ Globe Staff/ File 2007) |
MASS. MOVERS
EnerNOC Inc., an electricity demand-reduction service, advanced after reporting a third-quarter profit that beat analyst expectations as utilities increased payments to reduce power consumption. The Boston-based company earned $26.6 million, or $1.12 a share, vs. a loss of $3.06 million, or 16 cents, a year earlier. Analysts expected earnings of 74 cents per share. Sales more than doubled to $103.1 million. CEO Timothy Healy said EnerNOC will post its first annual profit next year.
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