PREMARKET ALERT: EnerNOC (ENOC)

Posted in General 
July 28th, 2009

EnerNOC Inc. (Nasdaq: ENOC) shares rose more than 10 percent to $27.50 on after hours volume of more than 12,000 shares. The company posted a loss of 29 cents a share, or 4 cents better than analyst expectations. Revenue rose 79 percent from a year earlier to $42.4 million, above expectations of $39.1 million. The company raised EPS guidance to a range of 70 cents to 93 cents, above analyst expectations of 55 cents a share. The company also filed a mixed securities offering of $150 million, as well as a $50 million common stock offering by selling stockholders. — Mike Tarsala

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