Capstone Turbine (CPST) Posts Quarterly Results
Capstone Turbine (NASDAQ:CPST) released its earnings data on Thursday. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.01, Analyst Ratings Net reports. The company had revenue of $23.26 million for the quarter, compared to the consensus estimate of $32.78 million. During the same quarter in the previous year, the company posted ($0.02) earnings per share. The company’s revenue for the quarter was down 4.6% on a year-over-year basis.
Shares of Capstone Turbine (NASDAQ:CPST) traded up 2.90% during mid-day trading on Thursday, hitting $1.42. 3,550,436 shares of the company’s stock traded hands. Capstone Turbine has a 1-year low of $1.07 and a 1-year high of $2.60. The stock has a 50-day moving average of $1.44 and a 200-day moving average of $1.70. The company’s market cap is $467.8 million.
Capstone Turbine Corporation (NASDAQ:CPST) develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications, including cogeneration (combined heat and power (CHP), integrated combined heat and power (ICHP), and combined cooling, heat and power (CCHP)), renewable energy, natural resources and critical power supply.
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