Sunrun Reports Q4 Earnings, Announces Partnership With Lowe's, Proposes Offering: The Details
Sunrun Reports Q4 Earnings, Announces Partnership With Lowe's, Proposes Offering: The Details
Sunrun Inc (NASDAQ:RUN) shares are moving in Wednesday's after-hours session after the company reported fourth-quarter financial results.
Sunrun Inc（納斯達克股票代碼：RUN）公佈第四季度財務業績後，該公司股價在週三盤後交易時段上漲。
Q4 Revenue: $516.59 million, missed estimates of $530.37 million
Q4 EPS: Loss of $1.33, missed estimates for a loss of 29 cents
第四季度收入：5.1659億美元，未達到預期的5.3037億美元
第四季度每股收益：虧損1.33美元，未達到預期的虧損29美分
Fourth-quarter customer additions were 30,005, including 27,000 subscriber additions. Total customers were up 17% in the fourth quarter.
第四季度新增客戶30,005人，其中包括新增的27,000名訂閱者。第四季度客戶總數增長了17％。
Storage capacity installed totaled 219.7 megawatt hours in the fourth quarter, representing growth of 154% on a year-over-year basis. Solar energy capacity installed came in at 227.1 megawatts in the quarter.
第四季度總裝機容量爲219.7兆瓦時，同比增長154％。該季度的太陽能裝機容量爲227.1兆瓦。
Sunrun said it generated $10.9 million in cash in the fourth quarter. The company had $988 million in total cash as of Dec. 31.
Sunrun表示，它在第四季度創造了1,090萬美元的現金。截至12月31日，該公司的現金總額爲9.88億美元。
"Sunrun ended 2023 in a great position and is starting off 2024 with incredible momentum. Our team is driving an increased mix of higher-margin storage offerings and delivering positive Cash Generation in Q4," said Mary Powell, CEO of Sunrun.
“Sunrun在2023年結束時處於有利地位，並以令人難以置信的勢頭開始2024年。我們的團隊正在推動利潤率更高的存儲產品的組合增加，並在第四季度實現正現金產生。” Sunrun首席執行官瑪麗·鮑威爾說。
"Our strong sales activities and market position gives us confidence that installations will grow considerably from Q1 levels."
“我們強勁的銷售活動和市場地位使我們有信心，安裝量將比第一季度大幅增長。”
Sunrun also announced a partnership with Lowe's Companies Inc (NYSE:LOW) to provide households with solar and storage services inside 430 Lowe's stores across the nation.
Sunrun還宣佈與Lowe's Companies Inc（紐約證券交易所代碼：LOW）建立合作伙伴關係，在全國430家勞氏門店內爲家庭提供太陽能和存儲服務。
"As the nation's leading provider of solar energy with storage, this exciting partnership with Lowe's makes connecting with new customers even easier," Powell said.
鮑威爾說：“作爲美國領先的太陽能儲能提供商，與勞氏的這種令人興奮的合作伙伴關係使與新客戶的聯繫變得更加容易。”
Outlook: Storage capacity installed is expected to be between 160 and 170 megawatts in the first quarter. Net subscriber value is expected to be sequentially lower in the first quarter due to seasonal patterns and timing of sales activities.
展望：第一季度安裝的存儲容量預計在160至170兆瓦之間。由於季節性模式和銷售活動的時機，預計第一季度的淨訂戶價值將連續下降。
Sunrun also reiterated guidance for positive cash generation cumulatively from the fourth quarter of 2023 to the fourth quarter of 2024.
Sunrun還重申了從2023年第四季度到2024年第四季度累計產生正現金的指導方針。
About 25 minutes after the company reported quarterly results, Sunrun proposed a private offering to raise $475 million from convertible senior notes due 2030 for institutional investors. Shares were initially trading higher, but fell on the offering.
在該公司公佈季度業績大約25分鐘後，Sunrun提議進行私募發行，從2030年到期的可轉換優先票據中爲機構投資者籌集4.75億美元。股價最初上漲，但發行後下跌。
RUN Price Action: Sunrun shares were down 13.90% at $13.41 at the time of publication, according to Benzinga Pro.
RUN價格走勢：根據Benzinga Pro的數據，在發佈時，Sunrun股價下跌了13.90％，至13.41美元。
譯文內容由第三人軟體翻譯。