Gross Profit was $15.5 million, growing 41% year-over-year from $11.0 million in the second quarter of 2012 and yielding Gross Profit Margin of 41%. Operating Lease gross margin was 65%.Total Operating Expenses were $42.5 million, rising from $26.5 million in the second quarter of 2012, largely owing to higher employee compensation expenses and professional services fees. Loss from Operations was $27.0 million as compared to $15.5 million in the year-ago period. GAAP loss per share was ($0.31).
SolarCity Announces Second Quarter 2013 Financial Results
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