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>> SOLARCITY Latest News

AUG 07, 2014 - MarketWatch

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Shares of SolarCity 1% higher after earnings

SAN FRANCISCO (MarketWatch) -- SolarCity Corp. said Thursday it lost $47.7 million, or 52 cents a share, in the second quarter, up from $39.4 million, or 52 cents a share, in the same period a year ago. Sales rose to $61.3 million, from $38 million a year ago. Adjusted for one-time items, the company reported second-quarter losses of 96 cents a share. The FactSet consensus was for an adjusted loss of 99 cents a share on sales of $63 million. Revenue from solar-power leases was up 110% in the quarter at $43.2 million, the solar installer said. The company added it expects an adjusted loss ... Read More

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