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The company just posted its latest earnings results for the third quarter where it reported revenue of $439 million, which was a 109% year over year increase. However, net income fell from a loss of $85 million in the third quarter of 2020 to a loss of $241 million in the most recent quarter.
As of the end of the third quarter, RUN has a current ratio of 1.88 indicating it has more than enough liquidity to handle short-term obligations. For the current quarter, analysts expect sales to rise 29.2% year over year, while earnings are expected to surge 98.7% year over year.
