
Sunrun Inc (NASDAQ:RUN) shares are trading higher in Wednesday's after-hours session after the company reported better-than-expected financial results and raised guidance.
Sunrun said first-quarter revenue increased 48% year-over-year to $495.8 million, which beat the $401.31 million estimate, according to data from Benzinga Pro. The company reported a quarterly net loss of (42) cents per share, which may not compare to estimates for a loss of (17) cents per share.