Dallas, TX (PRWEB) May 17, 2011
LPB Energy Management announced today the results for its first quarter ended March 31, 2011. The company posted solid revenue growth for the quarter, up 6.5% from the same quarter of the prior year, as well as a record first quarter profit with a net income margin of 14.0% of revenue.
“The size and scale we have achieved has allowed us to gain operational efficiencies in the delivery of our end-to-end energy management solution,” said Matthew Berke, founder and president of LPB. “I am very pleased with our growth in the first quarter, and I am optimistic about the continued growth and profitability to come as we continue to contract with large, national clients.”
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.