Capstone Energy+ Inc

Noticias y eventos de Capstone Energy+ Inc (CEPL)

$5.520

-0.079 (-1.43%)Al cierre

Eventos de CEPL

8/12 16:30

Capstone Energy+ Q1 Revenue $24.9M Exceeds Estimates

Reports Q1 revenue $24.9M, two estimates $22.85M. "We continued to demonstrate improvement in our underlying earnings power in Q1, even as quarterly revenue was affected by the timing of large product shipments and lower rental-fleet utilization," said Vince Canino, President and Chief Executive Officer of Capstone Energy+. "We expanded gross margin by 800 basis points year over year, generated positive operating income, and produced $5.4 million in operating cash flow, demonstrating our three-pillar strategy continues to be a positive impact on our business even during some market turbulence."

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