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May 8, 2014 01:17 am GMT

Tesla Slips Despite Beating Estimates In Q1 With Non-GAAP Revenue Of $713M

Screen Shot 2014-05-07 at 4.58.30 PMIt's not a good day to be a public technology company. Today despite beating non-GAAP revenue and non-GAAP profit expectations, Tesla is down around 5 perecent in after-hours trading. The company reported $713 million in non-GAAP revenue and non-GAAP earnings per share of $0.12. Both figures were ahead of the street's expectations of $699 in non-GAAP revenue, and $0.10 in non-GAAP earnings.… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Ievehe8aanU/

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