SolarCity Loss Doubles In Q2, So Does Customer Base

By | August 7, 2014

Scalper1 News

SolarCity more than doubled its loss vs. a year earlier, while revenue fell short of Q2 analyst estimates. But shares extended gains late Thursday as the No. 1 U.S. residential solar installer said its customer base doubled. The San Mateo, Calif.-based company lost 96 cents a share on soaring expenses vs. a 43-cent loss a year earlier. Analysts polled by Thomson Reuters had expected a loss of 99 cents. Revenue rose 62% to $61.3 Scalper1 News

Scalper1 News