Sunrun (RUN) Misses Q1 EPS by 96c, Revenue Beats

Go back to Sunrun (RUN) Misses Q1 EPS by 96c, Revenue Beats

Sunrun Reports First Quarter 2023 Financial Results

May 3, 2023 4:02 PM EDT

Solar Energy Capacity Installed of 240 Megawatts, exceeding the high-end of guidance

Net Subscriber Value of $12,000, exceeding guidance

Sales activities growing over 30% year-over-year in Q1, with over 80% growth in California

Launched Sunrun Shift offering in California, sales activities increasing significantly in recent weeks

Annual Recurring Revenue now $1.1 billion with Average Contract Life Remaining of 17.6 years

Networked Solar Energy Capacity of 5.9 Gigawatts

SAN FRANCISCO, May 03, 2023 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq:... More