SolarCity Losses Escalate On Higher Costs, Stock Down

By | August 8, 2014

Scalper1 News

SolarCity (SCTY) was down more than 6% in early afternoon trading in the stock market today after the solar installer’s Q2 losses more than doubled and revenue fell short of analyst estimates. Still, the San Mateo, Calif.-based company said it experienced strong demand as its customer base doubled and it installed 107 megawatts of capacity, up 107% from the year-earlier quarter. The company late Thursday also said it boosted its customer lease Scalper1 News

Scalper1 News