SolarCity Q2 Outlook Misses, Q1 Beats But Loss Widens

By | May 5, 2015

Scalper1 News

SolarCity late Tuesday gave Q2 guidance that missed Wall Street views on the top and bottom lines, but Q1 results beat expectations. The No. 1 U.S. residential solar installer reported a Q1 per-share loss of $1.52 excluding items, compared with an 82-cent loss in the year-earlier quarter. Revenue rose 6% to $67.5 million. Analysts polled by Thomson Reuters forecast a per-share loss of $1.58 ex items on $57.7 million in revenue. For Q2, SolarCity Scalper1 News

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