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Stock impact report

Sunrun Reports Third Quarter 2019 Financial Results

Sunrun Inc. (RUN) 
NASDAQ:AMEX Investor Relations: investors.sunrun.com/investor-overview
Company Research Source: GlobeNewswire
271,000 Customers, an increase of 24% year-over-year Total Cash increased $106 million from the prior year Net Earning Assets increased to $1.4 billion Board authorizes $50 million stock repurchase program SAN FRANCISCO, Nov. 12, 2019 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation’s leading provider of residential solar, storage and energy services, today announced financial results for the third quarter ended September 30, 2019. “Millions are suffering through forced blackouts as wildfires burn across California. We need affordable, clean, reliable power now more than ever,” said Lynn Jurich, Sunrun’s Chief Executive Officer and co-founder.  “Sunrun has grown its customer base 24% from last year, with more than 270,000 homes embracing local, clean energy. We expect to increase cash generation by 60% to $100 million this year, while investing in our leading customer acquisition capabilities and technology platform.” Key Operating Metrics In the third quart Show less Read more
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