01.12.2015 - SolarCity shares fall after the publication of the quarterly report
SolarCity Corp shares fell after the publication of the report for the third quarter, according to which the loss amounted to 234.3 million compared to $ 70.1 million for the same period last year. It is worth noting that the company's revenue rose to 113.9 million, against 58.3 million in the same period last of the last year. The company increased the number of customers in the by 35353 in the preceding quarter and expect the increase of this figure to 1 million in mid-2018. The main negative factor for the company is the decline in energy prices, due to falling oil prices. We expect the resumption of growth of quotations of the company in the next year, but in the near future negative trend may continue.