---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-047599"
form_type: "8-K"
ticker: "SPRU"
cik: "0001772720"
company_name: "SPRUCE POWER HOLDING CORP"
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T01:00:46.694761+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Spruce Power Q3 net loss $53.5M; cuts 2024 EBITDA guidance to $57-62M

## Summary
- Revenue of $21.4M (down 8% YoY), net loss $53.5M, Operating EBITDA $17.7M.
- 2024 guidance cut: Operating EBITDA $57-62M (from $68-86M); Adjusted FCF ($12)-($7)M.
- Signed LOI to acquire ~10,000 home solar assets; expected close Q4 2024, portfolio to reach ~85,000.
- Cash $113.7M; debt $631M at 5.9%; $44.7M remains under share repurchase program.

## SEC filing metadata
- accession: 0001628280-24-047599
- form_type: 8-K
- ticker: SPRU
- cik: 0001772720
- company_name: SPRUCE POWER HOLDING CORP
- filed_at: 2024-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1772720/000162828024047599/0001628280-24-047599-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1772720/000162828024047599/spru-20241113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-047599
- JSON: https://secwatch.observer/filing/0001628280-24-047599.json
- Plain text: https://secwatch.observer/filing/0001628280-24-047599.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.