$5.980
-0.562 (-9.39%)At close
CEPL Events
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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