Sunrun rises after Q1 revenue beat

Shares of solar company Sunrun RUN.O rise 14.4% to $8.46

Company reported Q1 total revenue of $504.27 million late on Wednesday vs est. of $484.06 million - data compiled by LSEG

RUN posted Q1 net income of $50 million compared with a net loss of $87.8 million last year

Company also said that customer additions with storage grew 46% in Q1 compared to the prior year

RUN sees tariff outlook to be "manageable"

"It is a dynamic environment for tax policy and tariffs...we are controlling what we can and are ready to adapt to changes that may occur..." - CEO Mary Powell

"Despite the strong quarter, we remain cautious on '26+ as the company sidestepped questions on specific safe harbor (SH) plans in case of accelerated tax credit phase-out," said Jefferies analyst Julien Dumoulin-Smith

Including sessions moves, stock down 17% YTD