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Sunrun Stock Soars Over 30% After Surprise Q2 Profit and Record Storage Growth

Sunrun Stock Soars Over 30% After Surprise Q2 Profit and Record Storage Growth

Sunrun Inc. (NASDAQ:RUN) shares surged more than 30% Thursday after the company reported second-quarter financial results.What To Know: The company posted earnings of $1.07 per share, beating estimates of a loss of 18 cents per share. Revenue reached $569.33 million, exceeding the expected $548.4 million and rising from $523.86 million in the same quarter last year.Operationally, Sunrun added 28,823 new subscribers in the second quarter, representing a 15% increase year-over-year. Total subscribers reached 941,701 ...Full story available on Benzinga.com

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