share_log

Sunrun | 8-K: Sunrun Reports Third Quarter 2024 Financial Results

Sunrun | 8-K: Sunrun Reports Third Quarter 2024 Financial Results

Sunrun | 8-K:Sunrun公布2024年第三季度财务业绩
美股SEC公告 ·  2024/11/07 22:20

Moomoo AI 已提取核心信息

Sunrun delivered strong Q3 2024 results with record storage installations of 336.3 Megawatt hours, up 92% YoY, and solar installations of 229.7 Megawatts. Storage attachment rates reached 60%, nearly doubling from 33% in the prior year. The company generated positive cash flow of $2.5 million, marking the second consecutive quarter of positive cash generation.Financial performance showed total revenue of $537.2 million, with customer agreements revenue increasing 28% YoY to $405.9 million. Net loss attributable to common stockholders was $83.8 million. Net Subscriber Value reached a record high of $14,632, while Net Earning Assets grew to $6.2 billion, including over $1 billion in Total Cash.Management reiterated 2025 Cash Generation guidance of $350-600 million and Q4 2024 guidance of $50-125 million. The company expects Q4 storage capacity of 320-350 Megawatt hours and solar capacity of 240-250 Megawatts, projecting continued growth. Sunrun also achieved a milestone of surpassing 1 million residential solar customers.
Sunrun delivered strong Q3 2024 results with record storage installations of 336.3 Megawatt hours, up 92% YoY, and solar installations of 229.7 Megawatts. Storage attachment rates reached 60%, nearly doubling from 33% in the prior year. The company generated positive cash flow of $2.5 million, marking the second consecutive quarter of positive cash generation.Financial performance showed total revenue of $537.2 million, with customer agreements revenue increasing 28% YoY to $405.9 million. Net loss attributable to common stockholders was $83.8 million. Net Subscriber Value reached a record high of $14,632, while Net Earning Assets grew to $6.2 billion, including over $1 billion in Total Cash.Management reiterated 2025 Cash Generation guidance of $350-600 million and Q4 2024 guidance of $50-125 million. The company expects Q4 storage capacity of 320-350 Megawatt hours and solar capacity of 240-250 Megawatts, projecting continued growth. Sunrun also achieved a milestone of surpassing 1 million residential solar customers.
Sunrun公布了2024年第三季度的强劲业绩,储能安装创下336.3兆瓦时的记录,同比增长92%,太阳能安装为229.7兆瓦。储能附加率达到了60%,几乎是去年的33%的两倍。公司创造了250万美元的正现金流,标志着连续第二个季度实现正现金生成。财务表现显示,总营业收入为53720万美元,客户协议收入同比增长28%,达到40590万美元。归属于普通股东的净亏损为8380万美元。净用户价值创下14632美元的历史新高,而净盈利资产增长至620亿,包括超过10亿美元的总现金。管理层重申2025年的现金生成指导为35000-60000万美元,以及2024年第四季度的指导为5000-12500万美元。公司预计第四季度储能容量为320-350兆瓦时,太阳能容量为240-250兆瓦,预计将继续增长。Sunrun还达成了超过100万名住宅太阳能客户的里程碑。
Sunrun公布了2024年第三季度的强劲业绩,储能安装创下336.3兆瓦时的记录,同比增长92%,太阳能安装为229.7兆瓦。储能附加率达到了60%,几乎是去年的33%的两倍。公司创造了250万美元的正现金流,标志着连续第二个季度实现正现金生成。财务表现显示,总营业收入为53720万美元,客户协议收入同比增长28%,达到40590万美元。归属于普通股东的净亏损为8380万美元。净用户价值创下14632美元的历史新高,而净盈利资产增长至620亿,包括超过10亿美元的总现金。管理层重申2025年的现金生成指导为35000-60000万美元,以及2024年第四季度的指导为5000-12500万美元。公司预计第四季度储能容量为320-350兆瓦时,太阳能容量为240-250兆瓦,预计将继续增长。Sunrun还达成了超过100万名住宅太阳能客户的里程碑。
声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息