(Reuters) - SolarCity Corp (O:SCTY) reported a bigger quarterly loss as the residential solar panel installer's total operating expenses jumped 54 percent.
SolarCity, which is backed by Tesla Motors Inc (O:TSLA) founder Elon Musk, said net loss attributable to shareholders widened to $25 million, or 25 cents per share, in the first quarter ended March 31, from $21.5 million, or 22 cents per share, a year earlier.
Revenue rose 81.6 percent to $122.6 million
Total operating expenses rose to $226.9 million from $147.4 million.
The company said in February it would increase sales and marketing spending to counter the impact from its decision to exit the Nevada market.