Sunrun’s (RUN) Safe Harbor Data Signals Potential Twofold Customer Growth

This comes aft Sunrun’s Q3 net call, successful which the institution revealed revenues of $724.56 million, exceeding forecasts by 20.64%, and EPS of $0.06, falling abbreviated of the $0.13 estimation by 53.85%. According to Mizuho’s estimate, Sunrun Inc. (NASDAQ:RUN) besides made astir $108 cardinal successful currency during the 4th contempt having a little nett margin.

Mizuho noted that Sunrun’s harmless harbor information supports imaginable lawsuit maturation of arsenic overmuch arsenic twofold implicit the adjacent 4 years, which is accordant with the company’s maturation projections.

Sunrun Inc. (NASDAQ:RUN) is simply a starring supplier of residential star and artillery storage, offering cleanable vigor solutions to homeowners with a absorption connected subscription services that necessitate small to nary upfront cost. In summation to managing vigor services that tin assistance households and the electrical grid, the institution designs, installs, and maintains star panels and retention systems.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.