SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Sunrun Inc. (RUN) on Wednesday reported a loss of $240.4 million in its first quarter.
On a per-share basis, the San Francisco-based company said it had a loss of $1.12.
The results missed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share.
The solar energy products distributor posted revenue of $589.8 million in the period, exceeding Street forecasts. Eleven analysts surveyed by Zacks expected $518.1 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RUN at https://www.zacks.com/ap/RUN
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