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Full interview: Capstone Turbine talks through 1Q earnings and reacts to London's power outage

Capstone Turbine Corporation (NASDAQ:CPST) CEO Darren Jamison tells Proactive the microturbine company booked new gross product orders of $17.4 million in the fiscal first quarter, compared with $16.3 million in the same period in the previous year.

On Friday, parts of the city of London were faced with a massive power outage, where Jamison says there are Capstone microturbines. He believes these outages will only increase, as most grids around the world are decades old, with an eventual rising requirement for more Capstone products.

Quick facts: Capstone Turbine Corporation

Price: 0.46 USD

Market: NASDAQ
Market Cap: $33.82 m

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Full interview: Capstone Turbine clinches new solar-power customer

Capstone Turbine Corporation (NASDAQ:CPST) EVP of Sales & Marketing Jim Crouse tells Proactive the California-based company has secured an order for two C200S microturbines with 247Solar Inc, which has developed a solar-power system that operates every hour of the year. Crouse says the...

3 weeks, 5 days ago

2 min read