Sunrun Q3 net loss $0.37/sh; storage installations 336 MWh (+92% YoY), cash gen positive

Sunrun Inc.

2024-Q3 EPS reported -$0.15 revenue$1,519,227,000

Net loss $83.8M ($0.37/sh) on revenue $537.2M, down 5% YoY; customer agreement revenue up 28%.
Storage capacity installed 336 MWh (+92% YoY), above guidance high-end; attachment rate 60%.
Cash generation $2.5M positive for second consecutive quarter; reiterated 2025 guidance $350-$600M.
Total customers surpassed 1 million (1,015,910), up 12% YoY; Net Subscriber Value $14,632.
Extended working capital facility maturity to March 2027; repurchased $317M of 2026 convertible notes.

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