secwatch.observer — SEC 8-K summary
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Issuer:     Sunrun Inc. (RUN)
CIK:        0001469367
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0001469367-24-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sunrun Q4 storage capacity installed 219.7 MWh (+154% YoY); Net Subscriber Value $13,445, up $2,414 QoQ
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- Q4 revenue $516.6M (-15% YoY); net loss $350.1M ($1.60/share) including $58.7M non-cash charge.
- Cash generation positive at $10.9M in Q4; reaffirms 2024 cumulative positive cash outlook.
- Full-year 2023 net loss $1,604.5M ($7.41/share) includes $1.2B goodwill impairment.
- Storage attachment rate on installations reached 45% in Q4; new sales attachment ~48% nationally.
- Guidance: FY 2024 storage capacity 800-1,000 MWh (+40-75%); Net Subscriber Value expected to exceed Q4 2023 levels.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1469367/000146936724000022/0001469367-24-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1469367/000146936724000022/run-20240221.htm
  HTML page:      https://secwatch.observer/filing/0001469367-24-000022

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