Sunrun (RUN) Misses Q1 EPS by 1c

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Sunrun Reports First Quarter 2021 Financial Results

May 5, 2021 4:01 PM EDT

Customer Additions of 23,556 in Q1, Bringing Total Customers to over 573,000, 18% year-over-year growth in Customers pro-forma for Vivint Solar

Increasing Full-Year Growth Guidance to 25% to 30%

Net Subscriber Value of $8,197 resulting in Total Value Generated of $165 million during Q1

Annual Recurring Revenue of $683 Million with Average Contract Life Remaining of 17 years

Net Earning Assets of $4.2 billion, including $813 million in Total Cash

Networked Solar Energy Capacity of 4.1 Gigawatts

SAN FRANCISCO, May 05, 2021 (GLOBE NEWSWIRE) -- Sunrun... More