Sunnova Energy International Inc. (NOVA) Reports Q1 Loss of $0.85/sh

Sunnova Energy International Inc. (NYSE: NOVA) reported Q1 EPS of ($0.85), versus ($5.87) reported last year. Revenue for the quarter came in at $29.8 million, versus $26.72 million reported last year.

• Added approximately 6,800 customers in the first quarter of 2020, bringing total customer count to 85,400 as of March 31, 2020;
• Increased storage attachment rate on origination to 30% in the first quarter of 2020;
• Closed a private placement of convertible debt for up to $190 million and an additional privately negotiated exchange of $55 million of our existing convertible debt for an equal principal amount; and
• Reaffirmed full-year 2020 guidance despite recent public health and economic challenges

For earnings history and earnings-related data on Sunnova Energy International Inc. (NOVA) click here.

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