Dallas, TX (PRWEB) November 23, 2011
LPB Energy Management announced today the results for its third quarter ended September 30, 2011. The company again posted solid revenue growth for the quarter, up 9.7% from the second quarter, and 12.9% over the same quarter in the prior year. In addition, the company experienced another record quarterly profit, with a net income margin for the third quarter of 24.6% of revenue.
“Our revenue growth remains strong because our customers want a low-cost energy management solution,” said Matthew Berke, founder and president of LPB. “Our size and scale continues to increase each quarter as we sign new contracts with large, national clients to use our suite of energy management services.”
About LPB Energy Management: LPB is a full-service energy management firm that helps clients measure, report and reduce energy costs and usage. Utility bill and meter data is centrally captured and then analyzed using LPB’s innovative Utility Manager™ software, revealing actionable insight that is at the core of LPB’s integrated energy management solution. With offices across the U.S., LPB has helped over 1,000 corporate and government clients reduce energy costs and increase sustainability. LPB has been recognized with ENERGY STAR® Partner of the Year and Sustained Excellence awards, as well as a GSA schedule for Energy Management Program Support. For more information, visit http://www.lpbenergy.com.