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Dec 31, 2019
Sunrun Q4 2019 Earnings Report
Sunrun's Q4 2019 financial results were announced, showcasing growth in customer base and revenue.
Key Takeaways
Sunrun reported a 2% increase in total revenue, reaching $243.9 million in Q4 2019. The company's net income attributable to common stockholders was $12.5 million, with diluted net income per share at $0.10. They added 52,000 customers in 2019, growing customer base 22% year-over-year to 285,000.
Total revenue grew to $243.9 million, a 2% increase year-over-year.
Net income attributable to common stockholders was $12.5 million.
Diluted net income per share attributable to common stockholders was $0.10.
MW deployed increased to 117 MW from 107 MW in the third quarter of 2019, demonstrating a 9% sequential improvement.
Sunrun
Sunrun
Sunrun Revenue by Segment
Revenue by Segment
Customer Agreements and Incentives Revenue
CapyFin.comSolar Energy Systems and Product Sales Revenue
CapyFin.com Forward Guidance
In Q1, Sunrun expects deployments to be 102 MW. For the full year 2020, the company expects deployments to grow 15% year-over-year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income