SolarCity (SCTY) Posts Q2 Loss of 96c/Share; Issues Light Q3 Outlook

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SolarCity Announces Second Quarter 2014 Financial Results

August 7, 2014 4:05 PM EDT

Record 218 MW Booked and 107 MW Deployed

Nominal Contracted Payments Remaining Up to $3.3 Billion

Retained Value of $1.8 Billion

SAN MATEO, Calif., Aug. 7, 2014 (GLOBE NEWSWIRE) -- SolarCity (Nasdaq: SCTY) today announced financial results for the second fiscal quarter ended June 30, 2014.

In the second quarter of 2014, SolarCity continued to build out a stronger and broader platform to significantly expand the adoption of distributed, clean energy. We experienced unprecedented demand in the quarter with triple-digit year-over-year growth in all our key operating metrics. Our... More