Sunrun (RUN) Misses Q1 EPS by 25c, Revenue Beats
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Sunrun Reports First Quarter 2022 Financial Results
May 4, 2022 4:02 PM EDT27% growth in Solar Energy Capacity Installed in Q1, exceeding guidance
Strong customer order trends, increasing 39% year-over-year
Customer Additions of 29,463 in Q1, bringing total Customers to 689,774, 20% year-over-year growth in Customers
Increasing full-year guidance to over 25% growth in Solar Energy Capacity Installed
Annual Recurring Revenue of $883 Million with Average Contract Life Remaining of 17.4 years
Net Earning Assets of $4.5 billion, including $863 million in Total Cash
Networked Solar Energy Capacity of 4.9 Gigawatts
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