SolarCity Revenue Growth Surges, But So Do Its Losses

By | July 29, 2015

Scalper1 News

SolarCity (SCTY) late Wednesday posted a bigger loss than analysts expected, but revenue soared 67%, above Wall Street expectations. SolarCity stock was down 1% in after-hours trading, after the No. 1 residential solar installer posted its Q2 earnings. The company reported a per-share loss minus items of $1.61, 4 cents more than Wall Street expected. The company has posted a per-share loss minus items in five of the past six quarters. Analysts Scalper1 News

Scalper1 News