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

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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