More on SolarCity: Expectations were high following a big run-up. 48MW of capacity installed in...


More on SolarCity: Expectations were high following a big run-up. 48MW of capacity installed in Q4, +129% Y/Y. Total customers +192% to 8,557, energy contracts +190% to 6,810. Transactions for other products/services +350% to 4,992. $151.3M in system investments (panel installations), well above the $64.7M in operating cash flow generated from selling electricity. $104.5M in funds raised to finance investments. Gross margin of 55.3%, up from 40% a year ago. Opex +70% Y/Y to $37.9M, above revenue of $25.3M. SCTY -9.2% AH. CC at 5PM ET (webcast). (PR)

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Comments (2)
  • Zeus2012
    , contributor
    Comments (714) | Send Message
     
    Seems like these stocks (SCTY, TSLA, FSLR, etc.) tend to fly until they announce earnings. Then reality hits.
    7 Mar 2013, 04:15 AM Reply Like
  • smolloy1010
    , contributor
    Comments (20) | Send Message
     
    What is this huge sell off?? This company is setting a rock solid foundation and will be a cash cow in the future. Is anyone reading the numbers? Remember they have to carry all the cost upfront. They are building a pipeline of cash and customers. This is not day trading 101 class, this is an innovative company for the mid to long term.
    7 Mar 2013, 05:12 AM Reply Like
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