RUN - Sunrun Reports Q4 Earnings Announces Partnership With Lowe's Proposes Offering: The Details | Benzinga
Sunrun Inc (NASDAQ:RUN) shares are moving in Wednesday’s after-hours session after the company reported fourth-quarter financial results.
- Q4 Revenue: $516.59 million, missed estimates of $530.37 million
- Q4 EPS: Loss of $1.33, missed estimates for a loss of 29 cents
Fourth-quarter customer additions were 30,005, including 27,000 subscriber additions. Total customers were up 17% in the fourth quarter.
Storage capacity installed totaled 219.7 megawatt hours in the fourth quarter, representing growth of 154% on a year-over-year basis. Solar energy capacity installed came in at 227.1 megawatts in the quarter.
Sunrun said it generated $10.9 million in cash in the fourth quarter. The company had $988 million in total cash ...