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Sunnova Energy reports Q3 EPS (98c), consensus (55c)
The Fly

Sunnova Energy reports Q3 EPS (98c), consensus (55c)

Reports Q3 revenue $235.294M, consensus $240.22M. “In the third quarter, the Sunnova team delivered solid results as we continued to focus on the key priorities we outlined at the beginning of fiscal year 2024, mainly aimed at driving cash generation,” said William Berger, Sunnova’s founder and CEO. “Although our unrestricted cash balance declined in the third quarter, it was largely due to working capital seasonality. With the tax capital proceeds received in early October and additional asset-level capital proceeds expected later in the year, we remain confident in our ability to deliver on our $100 million cash generation target for 2024.”

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