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Sunnova’s Q3 Loss Jumps 75% YoY to $56.5 Million, as Operating Expenses Mount

The company's revenue surged to $198.4 million, reflecting a 32.8% YoY growth

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U.S.-based residential solar firm Sunnova reported a net loss of $56.5 million in the third quarter (Q3) of the year, an increase of 74.9% year-over-year (YoY) in contrast to a net loss of $32.3 million for the corresponding period in 2022.

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