Spruce Power Holding Corporation (SPRU)

NYSE: SPRU · Real-Time Price · USD
2.350
-0.120 (-4.86%)
Mar 31, 2025, 3:21 PM EDT - Market open
-4.86%
Market Cap 43.72M
Revenue (ttm) 77.58M
Net Income (ttm) -94.75M
Shares Out 18.60M
EPS (ttm) -5.08
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 24,123
Open 2.410
Previous Close 2.470
Day's Range 2.340 - 2.465
52-Week Range 2.170 - 4.890
Beta 1.35
Analysts n/a
Price Target n/a
Earnings Date Mar 31, 2025

About SPRU

Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company provides subscription-based services for homeowners and businesses to own and maintain rooftop solar and battery storage. It offers its subscription-based services to approximately 75,000 customers. The company is headquartered in Denver, Colorado. [Read more]

Industry Solar
Sector Technology
Founded 2008
Employees 142
Stock Exchange NYSE
Ticker Symbol SPRU
Full Company Profile

Financial Performance

In 2023, Spruce Power Holding's revenue was $79.86 million, an increase of 244.31% compared to the previous year's $23.19 million. Losses were -$65.83 million, -29.92% less than in 2022.

Financial Statements

News

Spruce Power Reschedules Release of Fourth Quarter and Full-Year 2024 Results and Conference Call to March 31

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce”), a leading owner and operator of distributed solar energy assets across the United States, today announced that it has...

5 days ago - Business Wire

Spruce Power to Release Fourth Quarter and Full-Year 2024 Results and Host Conference Call on March 26

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce”), a leading owner and operator of distributed solar energy assets across the United States, today announced that it wil...

20 days ago - Business Wire

Spruce Power Announces First Spruce Pro Servicing Customer

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”) today announced the first customer for its Spruce Pro servicing business. Spruce signed a multi-year ...

3 months ago - Business Wire

Spruce Power Announces Acquisition of Residential Solar Portfolio from NJR Clean Energy Ventures, Adding Nearly 9,800 Customers in New Jersey

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”) today announced the acquisition of a residential solar portfolio from NJR Clean Energy Ventures (“CEV...

Other symbols: NJR
4 months ago - Business Wire

NJR Clean Energy Ventures Announces Sale of Residential Solar Business

WALL, N.J.--(BUSINESS WIRE)--NJR Clean Energy Ventures (CEV), a clean energy subsidiary of New Jersey Resources (NYSE: NJR), today announced the sale of its 91 megawatt (MW) residential solar portfoli...

Other symbols: NJR
4 months ago - Business Wire

Spruce Power Holding Corporation (SPRU) Q3 2024 Earnings Call Transcript

Spruce Power Holding Corporation (NYSE:SPRU) Q3 2024 Earnings Conference Call November 13, 2024 4:30 PM ET Company Participants Bronson Fleig - Head, IR Chris Hayes - CEO Sarah Wells - CFO Conference...

4 months ago - Seeking Alpha

Spruce Power Reports Third Quarter 2024 Results

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today repo...

4 months ago - Business Wire

Spruce Power to Release Third Quarter 2024 Results and Host Conference Call on November 13

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce”), a leading owner and operator of distributed solar energy assets across the United States, today announced that it wil...

5 months ago - Business Wire

Spruce Power Holding Corporation (SPRU) Q2 2024 Earnings Call Transcript

Spruce Power Holding Corporation (NYSE:SPRU) Q2 2024 Earnings Conference Call May 15, 2024 4:30 PM ET Company Participants Bronson Fleig - Head, IR Chris Hayes - CEO Sarah Wells - CFO Conference Call...

8 months ago - Seeking Alpha

Spruce Power Reports Second Quarter 2024 Results

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today repo...

8 months ago - Business Wire

Spruce Power to Release Second Quarter 2024 Results and Host Conference Call on August 14

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce”), a leading owner and operator of distributed solar energy assets across the United States, today announced that it wil...

8 months ago - Business Wire

Spruce Power Welcomes its Newest Leadership Addition: Clean Energy Executive and Entrepreneur, Richard DiMatteo

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today anno...

9 months ago - Business Wire

Spruce Power Announces $130 Million Debt Financing

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today anno...

9 months ago - Business Wire

Spruce Power Announces New Director

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, announced ...

10 months ago - Business Wire

Spruce Power Holding Corporation (SPRU) Q1 2024 Earnings Call Transcript

Spruce Power Holding Corporation (NYSE:SPRU) Q1 2024 Earnings Conference Call May 15, 2024 4:30 PM ET Company Participants Bronson Fleig - Head, IR Chris Hayes - CEO Sarah Wells - CFO Conference Call...

11 months ago - Seeking Alpha

Spruce Power Reports First Quarter 2024 Results

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today repo...

11 months ago - Business Wire

Spruce Power Announces Notice of Pendency and Proposed Settlement of Stockholder Derivative Matters

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) has released the following notice according to THE UNITED STATES DISTRICT COURT DISTRICT OF MASSACHUSETTS: THE UNITED STATES DIST...

11 months ago - Business Wire

Spruce Power to Release First Quarter 2024 Results and Host Conference Call on May 15

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce”), a leading owner and operator of distributed solar energy assets across the United States, today announced that it wil...

11 months ago - Business Wire

Spruce Power CEO Chris Hayes to Participate in a Water Tower Research Fireside Chat on Friday, April 26 at 11:00 AM ET

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today anno...

1 year ago - Business Wire

Spruce Power Adds Industry Veteran to Lead Asset Operations

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today anno...

1 year ago - Business Wire

Spruce Power Holding Corporation Announces Leadership Changes

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today anno...

1 year ago - Business Wire

Spruce Power Holding Corporation (SPRU) Q4 2023 Earnings Call Transcript

Spruce Power Holding Corporation (NYSE:SPRU) Q4 2023 Results Conference Call March 14, 2024 4:30 PM ET

1 year ago - Seeking Alpha

Spruce Power Reports Fourth Quarter and Full-Year 2023 Results

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today repo...

1 year ago - Business Wire

Spruce Power to Release Fourth Quarter and Full-Year 2023 Results and Host Conference Call on March 14

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce”), a leading owner and operator of distributed solar energy assets across the United States, today announced that it wil...

1 year ago - Business Wire

Spruce Power Launches ‘Spruce Pro' Brand, Expanding its Servicing Solutions into the Commercial Solar Market

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today anno...

1 year ago - Business Wire