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Sunrun shares surge 33.4% this week as Q3 revenue hits $1.1 billion

The Motley Fool +1 · ·by G4L

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RUN Sunrun Inc
$9.74 -2.40%
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  1. 1Sunrun recorded $1.1 billion in Q3 revenue, achieving a 51.7% year-over-year increase.
  2. 2Sunrun's Q3 diluted earnings per share (EPS) of $0.56 exceeded market expectations.
  3. 3Sunrun lowered its annual cash generation guidance to approximately $200 million.

So what's the key point?

Sunrun's Q3 revenue reached $1.1 billion, a significant increase from last year. While earnings per share were higher than experts expected, the company lowered its annual cash generation outlook to $200 million.

Source The Motley Fool +1 · View original ↗

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