Sunnova Energy International Inc

Sunnova Energy International, Inc. operates as a residential energy service provider. It offers solar energy systems, electric vehicle chargers, and home solar protection. The company was founded by William Jackson Berger in 2012 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Sunnova excels in Q4 with Energy-as-a-Service model driving growth

Sunnova's strong Q4 performance, driven by its Energy-as-a-Service model, positions it well for growth. Challenges include rising customer acquisition costs and G&A fluctuations. Opportunities lie in market expansion, partnerships, and international growth.

Sunnova Energy (NOVA) excels in Q1, eyes international expansion

Sunnova Energy International Inc (NOVA) delivered a strong Q1 performance with revenue growth, customer expansion, and strategic financial management.
The company's focus on service excellence, market positioning, and sustainability underscores its commitment to long-term success.
Challenges related to cost management, market dynamics, and regulatory changes require vigilant monitoring and strategic adaptation.
Opportunities for international expansion, capital financing optimization, and market growth position Sunnova for continued success in the energy sector.

Sunnova achieves record growth and strategic positioning for future success

Sunnova Energy International Inc's Q2 2023 performance reflects record growth, financial strength, and strategic positioning for future success.
Despite challenges such as revenue recognition timing and market dynamics, the company's strengths in service excellence, cost management, and innovation drive growth.
Opportunities in rising energy prices, international expansion, and demand for energy solutions position Sunnova for continued success and market leadership.
Navigating challenges while leveraging strengths and seizing opportunities will be crucial for Sunnova to maintain growth momentum and achieve its ambitious targets.

Sunnova reports robust Q3 earnings, eyes growth through strategic initiatives

Sunnova's Q3 2023 earnings call showcased strong financial performance, strategic initiatives to enhance profitability, and a focus on operational excellence. The company's commitment to sustainability, profitability, and customer care underpins its growth strategy. Sunnova's ability to navigate market challenges while seizing growth opportunities highlights its resilience and competitive edge in the energy sector.

Sunnova excels in Q4, eyes growth amid market challenges

Sunnova Energy International Inc delivered a strong performance in Q4 2023, focusing on financial discipline, margin expansion, and customer growth to drive value creation.
The company's strategic strengths lie in efficient cash generation, cost-cutting measures, and a commitment to reducing debt levels to enhance shareholder returns.
While facing challenges in managing CapEx efficiency and debt levels, Sunnova remains well-positioned to capitalize on market opportunities and industry fundamentals.
By navigating market challenges, leveraging operational efficiencies, and focusing on customer service, Sunnova aims to emerge stronger and drive sustainable growth.

Sunnova reports strong Q1 performance, eyes growth opportunities ahead

Sunnova's Q1 performance reflects financial strength and resilience, supported by strategic initiatives and a focus on cash generation.
While facing challenges in delinquency rates and customer additions, the company is well-positioned to capitalize on growth opportunities in clean energy markets.
Opportunities in the southern U.S., securitization markets, and strategic partnerships present avenues for future expansion and revenue growth.
Maintaining a disciplined approach to financial management and leveraging market trends will be key for Sunnova's continued success and value creation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Sunnova Energy International, Inc. is an energy services company, which engages in the provision of responsive energy management solutions. The firm also offers solar energy products and services. The company was founded by William Jackson Berger in 2012 and is headquartered in Houston, TX.

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), a leading U.S. Energy as a Service (EaaS) provider, announced today it is teaming up with Amica Insurance (Amica), a leader in auto, home, and life insurance, to expand the reach of Sunnova's clean, affordable, and reliable energy services. Sunnova and Amica will work together to offer energy services to Amica's customers, as well as wide-ranging insurance products to Sunnova's customers, to provide a combined.

Sunnova and Amica Insurance Collaborate to Bring Innovative Energy Services and Insurance Products to Homeowners

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International, Inc. ("Sunnova") (NYSE: NOVA), a leading U.S. Energy as a Service provider (EaaS), has announced the publication of its third annual Sustainability Report for the year ending December 31, 2022, which highlights the company's year-over-year progress on sustainability goals, advancement of climate risk management, and expanded services to drive impact for customers, businesses, and communities. “As we mark a decade of Powering Energy Indepen.

Sunnova Releases 2022 Sustainability Report Highlighting the Power of Service

Sunnova Energy International Inc. (NOVA) Q1 2023 Earnings Call Transcript.

Sunnova Energy International Inc. (NOVA) Q1 2023 Earnings Call Transcript

The solar energy solutions provider reported a mixed first quarter. It beat handily on revenue but whiffed on the bottom line.

Why Sunnova Energy Stock Blasted Higher Today

Sunnova Energy (NOVA) came out with a quarterly loss of $0.70 per share versus the Zacks Consensus Estimate of a loss of $0.58. This compares to loss of $0.30 per share a year ago.

Sunnova Energy (NOVA) Reports Q1 Loss, Tops Revenue Estimates

HOUSTON--(BUSINESS WIRE)--Sunnova Reports First Quarter 2023 Financial Results.

Sunnova Reports First Quarter 2023 Financial Results

The solar energy products and solutions purveyor is tapping into a big government loan guarantee program. The Department of Energy is pledging up to $3 billion in such guarantees.

Why Sunnova Energy Stock Surged Nearly 15% Higher Today

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International, Inc. (Sunnova) (NYSE: NOVA), a leading Energy as a Service (EaaS) provider, today announced a conditional commitment by the U.S. Department of Energy (DOE) Loan Programs Office (LPO) to provide an up to $3.0 billion partial loan guarantee, which equates to a 90% guarantee of up to $3.3 billion of financing to support loans originated by Sunnova under a new solar loan channel named “Project Hestia.

Sunnova Announces $3 Billion U.S. Department of Energy Conditional Commitment to Expand Clean Energy Access and Lay Foundation for Virtual Power Plant Capabilities

Sunnova Energy (NOVA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Sunnova Energy (NOVA) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Sunnova Energy International Inc (NYSE: NOVA) may remain volatile in the near term but has the potential to make its shareholders a happy lot over the next twelve months, as per a Morgan Stanley analyst. Sunnova share price could climb to $35 Andrew Percoco assumed coverage of the energy company today with an “overweight” rating.

Sunnova share price could more than double from here: Morgan Stanley

First Solar

Morgan Stanley analyst Andrew Percoco downgrades shares of First Solar to Underweight from Equal Weight while initiating coverage of Sunnova at Overweight.

First Solar Has Surged 40% This Year. It's Time to Sell the Stock, Analyst Says, and Buy Sunnova Instead.

Sunnova Energy International (NYSE: NOVA ) stock is on the move Monday after the residential solar company got new analyst coverage! That coverage comes from Morgan Stanley analyst Andrew Percoco and includes a price target of $35 per share.

NOVA Stock Price Prediction: Can Sunnova Hit $35?

HOUSTON--(BUSINESS WIRE)--Sunnova Announces First Quarter 2023 Earnings Release Date and Conference Call

Sunnova Announces First Quarter 2023 Earnings Release Date and Conference Call

Sunnova Energy (NOVA) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Strength Seen in Sunnova Energy (NOVA): Can Its 13.7% Jump Turn into More Strength?

Sunrun

Although the collapse of two major financial institutions sparked fears about banking system instability, the sector wasn't the only victim of the fallout. Solar energy specialists Sunrun (NASDAQ: RUN ) and Sunnova (NYSE: NOVA ) fell sharply since the crisis erupted, leading to worrying year-to-date losses.

Solar Stocks Alert: Why Wells Fargo Sees RUN, NOVA Stocks Soaring

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International, Inc. ("Sunnova") (NYSE: NOVA), a leading U.S. Energy as a Service provider (EaaS), has announced an exclusive free* battery offer for new customers in California who sign up for Sunnova's solar plus storage lease services. This offer comes in response to the recent NEM 3.0 policy decision and is the first of its kind in California.

Sunnova Announces Free* Battery Offer for New California Customers through Solar Plus Storage Lease Offering

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International, Inc. ("Sunnova") (NYSE: NOVA), a leading U.S. Energy as a Service provider (EaaS), has announced its third consecutive win in the ISO-New England (“ISO-NE”) Forward Capacity Auction, securing an additional 38 megawatts in the recent FCA17.

Sunnova Secures Largest Wholesale Market Capacity Position for Behind-the-Meter Solar in New England Region

SVB Financial Group

Residential solar companies Sunrun Inc and Sunnova Energy on Friday disclosed their exposure to SVB Financial Group , which has been closed down by California banking regulators.

Solar firms Sunnova and Sunrun shed light on exposure to Silicon Valley Bank

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA), a leading U.S. Energy as a Service (EaaS) provider, has teamed up with David Energy, a software-driven retail energy provider in Texas, to bring its Adaptive Retail energy plan to the Texas marketplace. The Adaptive Retail energy plan leverages Sunnova SunSafe® solar and battery storage systems to create a virtual power plant (VPP) that optimizes the interactions of the fleet with the electric grid.

Sunnova Unveils Adaptive Retail Energy Plan in Texas in Collaboration with David Energy, Powered by Virtual Power Plant Technology

Sunnova Energy International Inc. (NYSE:NOVA ) Q4 2022 Results Conference Call February 23, 2023 8:00 AM ET Company Participants Rodney McMahan - Vice President of Investor Relations William Berger - Chairman and Chief Executive Officer Robert Lane - Executive Vice President and Chief Financial Officer Conference Call Participants Philip Shen - ROTH Capital Julien Dumoulin-Smith - Bank of America Brian Lee - Goldman Sachs Mark Strouse - JP Morgan Corinne Blanchard - Deutsche Bank Maheep Mandloi - Crédit Suisse Benjamin Kallo - Robert W. Baird Ameet Thakkar - BMO Capital Markets Sean Morgan - Evercore Pavel Molchanov - Raymond James Abhishek Sinha - Northland Capital Ryan Levine - Citi Operator Good morning and welcome to Sunnova's fourth quarter and full-year 2022 earnings conference call.

Sunnova Energy International Inc. (NOVA) Q4 2022 Earnings Call Transcript

Sunnova Energy (NOVA) delivered earnings and revenue surprises of 4.76% and 34.81%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Sunnova Energy (NOVA) Reports Q4 Loss, Tops Revenue Estimates

HOUSTON--(BUSINESS WIRE)--Sunnova Reports Fourth Quarter and Full Year 2022 Financial Results

Sunnova Reports Fourth Quarter and Full Year 2022 Financial Results

Enovix Corporation

Per the latest Earnings Outlook, fourth-quarter earnings of the Oil-Energy sector, which constitutes renewable energy stocks, are expected to improve a solid 53.5% on a 16.2% increase in sales.

2 Renewable Energy Stocks Set to Beat Q4 Earnings Estimates

SAN JOSE, Calif. , Feb. 10, 2023 /PRNewswire/ -- FranklinWH Energy Storage Inc. ("FranklinWH"), a leader in whole-home energy management, has announced an agreement with Sunnova Energy International, Inc ("Sunnova") (NYSE: NOVA), a leading Energy as a Service ("EaaS") provider, to offer the Franklin Home Power system (the "FHP"), an AC-coupled storage solution, as an option for the Sunnova Adaptive Home™®, which integrates the use of solar, battery storage, energy control and management technologies.

FranklinWH and Sunnova Team Up to Add Franklin Home Power Storage Solution to Sunnova's Energy as a Service Portfolio

HOUSTON--( BUSINESS WIRE )--Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), a leading Energy as a Service (EaaS) provider, announced today it will release its fourth quarter and full year 2022 results after the markets close on February 22, 2023, to be followed by a conference call to discuss the results at 8:00 a.m. Eastern Time on February 23, 2023.

News for Sunnova Energy International Inc Stock (NOVA)