SAN FRANCISCO (AP) _ Sunrun Inc. (RUN) on Thursday reported third-quarter net income of $37.4 million.

On a per-share basis, the San Francisco-based company said it had net income of 28 cents.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The solar energy products distributor posted revenue of $209.8 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $206.3 million.

Sunrun shares have more than quadrupled since the beginning of the year. In the final minutes of trading on Thursday, shares hit $58, nearly quadrupling in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RUN at https://www.zacks.com/ap/RUN

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