SAN FRANCISCO (AP) _ Sunrun Inc. (RUN) on Wednesday reported a loss of $23.8 million in its first quarter.

The San Francisco-based company said it had a loss of 12 cents per share. Losses, adjusted for restructuring costs, were 11 cents per share.

The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.

The solar energy products distributor posted revenue of $334.8 million in the period, which beat Street forecasts. Six analysts surveyed by Zacks expected $313.4 million.

Sunrun shares have dropped 40% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $41.84, more than tripling 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