Sunrun(US:RUN)2024-05-08 20:40Financial Performance & Outlook - Sunrun's Net Earning Assets increased to $5.2 billion[65, 92] - The company is reiterating Cash Generation guidance of reaching an annualized recurring level of $200 million to $500 million in Q4 2024[44, 97] - Subscriber Value reached $50,776, a 15% year-over-year increase[44, 62, 65] - Net Subscriber Value was $11,891, a 1% year-over-year decrease[44, 62, 65] - Total Value Generated was $262 million, a 13% year-over-year decrease[66, 71] Storage & Installation - Storage Capacity Installed reached 207 Megawatt hours in Q1, a 192% year-over-year increase[20, 34, 44, 62, 90] - Storage attachment rates for new installations increased to approximately 50% in Q1[20, 34, 44, 81, 90] - Solar Energy Capacity Installed was 177 Megawatts in Q1, a 26% year-over-year decrease[44, 65] Financial Activities - The company extended the recourse working capital facility to $448 million[103] - The company placed 2030 Convertible Note to $483 million[103] - The company increased Non-recourse Senior Revolving Warehouse Facility Size to $2.35 billion[103]