Sunrun Reports Second Quarter 2020 Financial Results
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Sunrun (RUN) Misses Q2 EPS by 27c, Revenues Miss
August 10, 2020 4:15 PM EDTSunrun (NASDAQ: RUN) reported Q2 EPS of ($0.11), $0.27 worse than the analyst estimate of $0.16. Revenue for the quarter came in at $181.29 million versus the consensus estimate of $187.56 million.
Consumer interest in clean, affordable, and resilient power is stronger than ever with increased outages and more time spent at home. Sunrun is responding quickly to meet this need, said Lynn Jurich, Sunruns Chief Executive Officer and co-founder. In the quarter, we moved to a digital sales and streamlined operating model, improving our cost structure trajectory. In July we reached an agreement to acquire Vivint... More
