Capstone Turbine CEO To Discuss Recent Revenue Growth Trends At The Upcoming Noble Capital Markets’ Virtual Road Show

 

VAN NUYS, CA / ACCESSWIRE / April 1, 2021 / Capstone Turbine Corporation (NASDAQ:CPST), the world’s leading manufacturer of clean energy technology microturbine systems, today announced their participation in Noble Capital Markets’ Virtual Road Show Series, presented by Channelchek, scheduled for Tuesday, April 6, 2021.

The virtual road show will feature a corporate presentation from Capstone Turbine President and Chief Executive Officer Darren Jamison, followed by a question and answer session moderated by Noble Senior Research Analyst Michael Heim, highlighting questions submitted by the audience.

“I look forward to discussing our recent top line revenue growth with potential shareholders as we execute against our strategic Revenue Growth Strategy, which consists of a six-element initiative designed to drive top line annual revenue,” said Darren Jamison, President and Chief Executive Officer of Capstone Turbine.

“I expect that the new Biden administration will create positive momentum for green initiatives and companies like Capstone, as President Biden recently signed an executive order to rejoin the U.S. into the Paris climate accord, his first major action to tackle global warming. In addition, the President’s recently proposed infrastructure plan will most likely have a green building and sustainability element,” added Mr. Jamison.

The live broadcast of the virtual road show is scheduled for Tuesday, April 6, 2021, at 1 PM EDT. Registration is free and open to all investors, at any level. Register Here.

Noble’s research, as well as news and advanced market data on Capstone Turbine is available on Channelchek.

About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) is the world’s leading producer of highly efficient, low-emission, resilient microturbine energy systems. Capstone microturbines serve multiple vertical markets worldwide, including natural resources, energy efficiency, renewable energy, critical power supply, transportation and microgrids. Capstone offers a comprehensive product lineup via our direct sales team, as well as our global distribution network. Capstone provides scalable solutions from 30 kWs to 10 MWs that operate on a variety of fuels and are the ideal solution for today’s multi-technology distributed power generation projects.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@capstoneturbine.com. To date, Capstone has shipped nearly 10,000 units to 83 countries and in FY20, saved customers an estimated $219 million in annual energy costs and 368,000 tons of carbon.

For more information about the company, please visit www.capstoneturbine.com. Follow Capstone Turbine on Twitter, LinkedIn, Instagram, Facebook and YouTube.

About Noble Capital Markets
Noble Capital Markets, Inc. was incorporated in 1984 as a full-service SEC / FINRA registered broker-dealer, dedicated exclusively to serving underfollowed small / microcap companies through investment banking, wealth management, trading & execution, and equity research activities. Over the past 36 years, Noble has raised billions of dollars for these companies and published more than 45,000 equity research reports. www.noblecapitalmarkets.com email: contact@noblecapitalmarkets.com

About Channelchek
Channelchek (.com) is a comprehensive investor-centric portal – featuring more than 6,000 emerging growth companies – that provides advanced market data, independent research, balanced news, video webcasts, exclusive c-suite interviews, and access to virtual road shows. The site is available to the public at every level without cost or obligation. Research on Channelchek is provided by Noble Capital Markets, Inc., an SEC / FINRA registered broker-dealer since 1984. www.channelchek.com email: contact@channelchek.com

Cautionary Note Regarding Forward-Looking Statements
This release and the Company’s presentation and responses to questions at the Noble Capital Markets’ Virtual Road Show contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding the generation of improvement in gross margin and expense absorption and other statements regarding expectations, beliefs, plans, intentions and strategies of the Company. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events, or for any other reason. “Capstone” and “Capstone Microturbine” are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.

CONTACT:
Capstone Turbine Corporation
Investor and investment media inquiries:
818-407-3628
ir@capstoneturbine.com

SOURCE: Capstone Turbine Corporation

Capstone Turbine CEO To Discuss Recent Revenue Growth Trends At The Upcoming Noble Capital Markets’ Virtual Road Show

 

VAN NUYS, CA / ACCESSWIRE / April 1, 2021 / Capstone Turbine Corporation (NASDAQ:CPST), the world’s leading manufacturer of clean energy technology microturbine systems, today announced their participation in Noble Capital Markets’ Virtual Road Show Series, presented by Channelchek, scheduled for Tuesday, April 6, 2021.

The virtual road show will feature a corporate presentation from Capstone Turbine President and Chief Executive Officer Darren Jamison, followed by a question and answer session moderated by Noble Senior Research Analyst Michael Heim, highlighting questions submitted by the audience.

“I look forward to discussing our recent top line revenue growth with potential shareholders as we execute against our strategic Revenue Growth Strategy, which consists of a six-element initiative designed to drive top line annual revenue,” said Darren Jamison, President and Chief Executive Officer of Capstone Turbine.

“I expect that the new Biden administration will create positive momentum for green initiatives and companies like Capstone, as President Biden recently signed an executive order to rejoin the U.S. into the Paris climate accord, his first major action to tackle global warming. In addition, the President’s recently proposed infrastructure plan will most likely have a green building and sustainability element,” added Mr. Jamison.

The live broadcast of the virtual road show is scheduled for Tuesday, April 6, 2021, at 1 PM EDT. Registration is free and open to all investors, at any level. Register Here.

Noble’s research, as well as news and advanced market data on Capstone Turbine is available on Channelchek.

About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) is the world’s leading producer of highly efficient, low-emission, resilient microturbine energy systems. Capstone microturbines serve multiple vertical markets worldwide, including natural resources, energy efficiency, renewable energy, critical power supply, transportation and microgrids. Capstone offers a comprehensive product lineup via our direct sales team, as well as our global distribution network. Capstone provides scalable solutions from 30 kWs to 10 MWs that operate on a variety of fuels and are the ideal solution for today’s multi-technology distributed power generation projects.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@capstoneturbine.com. To date, Capstone has shipped nearly 10,000 units to 83 countries and in FY20, saved customers an estimated $219 million in annual energy costs and 368,000 tons of carbon.

For more information about the company, please visit www.capstoneturbine.com. Follow Capstone Turbine on Twitter, LinkedIn, Instagram, Facebook and YouTube.

About Noble Capital Markets
Noble Capital Markets, Inc. was incorporated in 1984 as a full-service SEC / FINRA registered broker-dealer, dedicated exclusively to serving underfollowed small / microcap companies through investment banking, wealth management, trading & execution, and equity research activities. Over the past 36 years, Noble has raised billions of dollars for these companies and published more than 45,000 equity research reports. www.noblecapitalmarkets.com email: contact@noblecapitalmarkets.com

About Channelchek
Channelchek (.com) is a comprehensive investor-centric portal – featuring more than 6,000 emerging growth companies – that provides advanced market data, independent research, balanced news, video webcasts, exclusive c-suite interviews, and access to virtual road shows. The site is available to the public at every level without cost or obligation. Research on Channelchek is provided by Noble Capital Markets, Inc., an SEC / FINRA registered broker-dealer since 1984. channelchek.vercel.app email: contact@channelchek.vercel.app

Cautionary Note Regarding Forward-Looking Statements
This release and the Company’s presentation and responses to questions at the Noble Capital Markets’ Virtual Road Show contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding the generation of improvement in gross margin and expense absorption and other statements regarding expectations, beliefs, plans, intentions and strategies of the Company. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events, or for any other reason. “Capstone” and “Capstone Microturbine” are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.

CONTACT:
Capstone Turbine Corporation
Investor and investment media inquiries:
818-407-3628
ir@capstoneturbine.com

SOURCE: Capstone Turbine Corporation

Capstone Turbine Expands Footprint In Middle East Market With LPG-Fueled C400S For Aluminum Smelting Facility Order

 

The Order Marks the 1st Industrial Microturbine Installation in Saudi Arabia

VAN NUYS, CA / ACCESSWIRE / March 31, 2021 / Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that it has received an order from Radian Oil and Gas Services, an engineering services company, for a low emission Capstone C400 Signature Series microturbine system (C400S) to be installed at an aluminum smelting operation in Saudi Arabia, owned and operated by Ma’aden Aluminum. The order was secured by Capstone’s internal solution sales team and is expected to be commissioned in June 2021.

According to the US Energy Information Administration (EIA), the Saudi Government has launched a countrywide initiative to diversify the economy and create jobs. The Saudi Vision 2030 places great importance on social and environmental goals. As a result, there is increasing national regulatory focus on the environmental performance of businesses, health and safety of communities, and growing commitment to corporate social responsibility.

“This win is a direct result of our strategic Revenue Growth Strategy, which is a six-element initiative designed to drive increased top-line annual revenue,” said Darren Jamison, President and Chief Executive Officer. “The Capstone internal solution sales team is one of the six elements of our revenue growth strategy, which also includes expanding our business in new geographies like the Middle East, Eastern Europe and Africa,” added Mr. Jamison.

The stand-alone microturbine is expected to power all-electric equipment at a remote operation near the border of Saudi Arabia and Kuwait while running on locally available liquefied petroleum gas (LPG). The microturbine solution is scheduled to be installed in a prime power application delivering reliable power for a temporary facility. The C400S will be supplied in a 3-bay enclosure and allow the customer to increase generation capacity in 200 kW increments up to 600 kW. The microturbine’s inherent redundancy will enable it to operate part of the system when powering a partial load or when being serviced.

“The order marks the first industrial microturbine installation in the Kingdom of Saudi Arabia and holds the potential for additional projects with Ma’aden Aluminum at nearby sites,” said Jim Crouse, Chief Revenue Officer of Capstone Turbine. “This marks a big milestone for Capstone, as we currently have oil and gas related installations in Qatar, Oman, Kuwait, Iraq, and now a foothold into the very important and growing middle east industrial market,” added Mr. Crouse.

Capstone’s innovative microturbine technology was selected for its low emissions profile, availability, low maintenance intervals, and reliable power generation capabilities in some of the harshest and remote applications in the world.

About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) is the world’s leading producer of highly efficient, low-emission, resilient microturbine energy systems. Capstone microturbines serve multiple vertical markets worldwide, including natural resources, energy efficiency, renewable energy, critical power supply, transportation and microgrids. Capstone offers a comprehensive product lineup via our direct sales team, as well as our global distribution network. Capstone provides scalable solutions from 30 kWs to 10 MWs that operate on a variety of fuels and are the ideal solution for today’s multi-technology distributed power generation projects.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@capstoneturbine.com. To date, Capstone has shipped nearly 10,000 units to 83 countries and in FY20, saved customers an estimated $219 million in annual energy costs and 368,000 tons of carbon.

For more information about the company, please visit www.capstoneturbine.com. Follow Capstone Turbine on Twitter, LinkedIn, Instagram, Facebook and YouTube.

Cautionary Note Regarding Forward-Looking Statements
This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations, beliefs, plans, intentions and strategies of the Company. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason. “Capstone” and “Capstone Microturbine” are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.

CONTACT:
Capstone Turbine Corporation
Investor and investment media inquiries:
818-407-3628
ir@capstoneturbine.com

SOURCE: Capstone Turbine Corporation

Capstone Turbine Expands Footprint In Middle East Market With LPG-Fueled C400S For Aluminum Smelting Facility Order

 

The Order Marks the 1st Industrial Microturbine Installation in Saudi Arabia

VAN NUYS, CA / ACCESSWIRE / March 31, 2021 / Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that it has received an order from Radian Oil and Gas Services, an engineering services company, for a low emission Capstone C400 Signature Series microturbine system (C400S) to be installed at an aluminum smelting operation in Saudi Arabia, owned and operated by Ma’aden Aluminum. The order was secured by Capstone’s internal solution sales team and is expected to be commissioned in June 2021.

According to the US Energy Information Administration (EIA), the Saudi Government has launched a countrywide initiative to diversify the economy and create jobs. The Saudi Vision 2030 places great importance on social and environmental goals. As a result, there is increasing national regulatory focus on the environmental performance of businesses, health and safety of communities, and growing commitment to corporate social responsibility.

“This win is a direct result of our strategic Revenue Growth Strategy, which is a six-element initiative designed to drive increased top-line annual revenue,” said Darren Jamison, President and Chief Executive Officer. “The Capstone internal solution sales team is one of the six elements of our revenue growth strategy, which also includes expanding our business in new geographies like the Middle East, Eastern Europe and Africa,” added Mr. Jamison.

The stand-alone microturbine is expected to power all-electric equipment at a remote operation near the border of Saudi Arabia and Kuwait while running on locally available liquefied petroleum gas (LPG). The microturbine solution is scheduled to be installed in a prime power application delivering reliable power for a temporary facility. The C400S will be supplied in a 3-bay enclosure and allow the customer to increase generation capacity in 200 kW increments up to 600 kW. The microturbine’s inherent redundancy will enable it to operate part of the system when powering a partial load or when being serviced.

“The order marks the first industrial microturbine installation in the Kingdom of Saudi Arabia and holds the potential for additional projects with Ma’aden Aluminum at nearby sites,” said Jim Crouse, Chief Revenue Officer of Capstone Turbine. “This marks a big milestone for Capstone, as we currently have oil and gas related installations in Qatar, Oman, Kuwait, Iraq, and now a foothold into the very important and growing middle east industrial market,” added Mr. Crouse.

Capstone’s innovative microturbine technology was selected for its low emissions profile, availability, low maintenance intervals, and reliable power generation capabilities in some of the harshest and remote applications in the world.

About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) is the world’s leading producer of highly efficient, low-emission, resilient microturbine energy systems. Capstone microturbines serve multiple vertical markets worldwide, including natural resources, energy efficiency, renewable energy, critical power supply, transportation and microgrids. Capstone offers a comprehensive product lineup via our direct sales team, as well as our global distribution network. Capstone provides scalable solutions from 30 kWs to 10 MWs that operate on a variety of fuels and are the ideal solution for today’s multi-technology distributed power generation projects.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@capstoneturbine.com. To date, Capstone has shipped nearly 10,000 units to 83 countries and in FY20, saved customers an estimated $219 million in annual energy costs and 368,000 tons of carbon.

For more information about the company, please visit www.capstoneturbine.com. Follow Capstone Turbine on Twitter, LinkedIn, Instagram, Facebook and YouTube.

Cautionary Note Regarding Forward-Looking Statements
This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations, beliefs, plans, intentions and strategies of the Company. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason. “Capstone” and “Capstone Microturbine” are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.

CONTACT:
Capstone Turbine Corporation
Investor and investment media inquiries:
818-407-3628
ir@capstoneturbine.com

SOURCE: Capstone Turbine Corporation

Capstone Turbine Continues Market Penetration in Mexico With C600 Signature Series Microturbine Order

 

Order Increases Capstone’s Mexican Fleet to Over 46 Megawatts (MW)

VAN NUYS, CA / ACCESSWIRE / March 17, 2021 / Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST), the world’s leading manufacturer of clean technology microturbine energy systems, announced today that it has received an order for a five-bay C600 Signature Series microturbine to be installed in a combined heat and power (CHP) application for an industrial customer in Mexico. The order, secured by DTC Ecoenergía (www.dtc.mx), Capstone’s exclusive distributor for Mexico, increases Capstone’s Mexican fleet to over 46 Megawatts (MW).

According to the Energy Information Administration (EIA), Mexico’s population is expected to grow to more than 150 million in 2050 from 125 million today. This, together with productivity improvements, is expected to drive economic growth. As a result, energy demand is predicted to increase significantly. Power generation from renewable sources is anticipated to grow thanks in part to targets and support for clean energy solutions.

“Back in 2012, Mexico became the first, large, oil-producing emerging economy to adopt climate legislation with common-sense goal setting,” said Darren Jamison, President and Chief Executive Officer. “An additional 2018 decree brought Mexico’s domestic emission reduction targets in line with the Paris Agreement on climate change, which at that time put it ahead of the U.S. on climate change initiatives. However, the new Biden administration recently signed an executive order to rejoin the U.S. into the Paris climate accord, his first major action to tackle global warming,” added Mr. Jamison.

A five-bay Capstone C600S package will provide 24/7 reliable and continuous electrical power and thermal energy for the customer. Capstone’s scalable on-site energy efficiency systems are engineered to meet the large electrical and thermal demand requirements of industrial manufacturers, delivering energy independence with higher operational efficiency than the local utility grid.

“DTC Ecoenergía is experiencing tremendous growth with the sale of Capstone energy efficiency systems in the manufacturing sector,” said Alejandro Muñoz, President of DTC Ecoenergía. “Despite the disruptions we faced during the COVID-19 pandemic, the Mexican-based manufacturing industry looks poised for growth in the months to come,” concluded Mr. Muñoz.

Environmentally-conscious industrial leaders throughout Mexico have partnered with DTC on over 100 projects and capitalized on Capstone’s efficient microturbine technology for a variety of solutions and applications. Capstone-powered CHP solutions not only allow customers to quickly realize the benefits of Capstone’s highly reliable, low-emission technology but also lower their energy costs while ensuring minimal downtime and production losses.

One of the core challenges faced by the manufacturing industry is the implementation of highly-reliable energy solutions for their facilities that not only reduce operational costs and increase reliability but also support sustainability goals. Utilizing the heat by-product from a microturbine allows operators to reduce emissions and save added costs that would otherwise be required to produce heat or steam in a separate unit. While traditional electricity from the grid with coal and gas-fired plants produce power at 33% efficiency, Capstone CHP systems can reach efficiencies of more than 80%.

About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) is the world’s leading producer of highly efficient, low-emission, resilient microturbine energy systems. Capstone microturbines serve multiple vertical markets worldwide, including natural resources, energy efficiency, renewable energy, critical power supply, transportation and microgrids. Capstone offers a comprehensive product lineup via our direct sales team, as well as our global distribution network. Capstone provides scalable solutions from 30 kWs to 10 MWs that operate on a variety of fuels and are the ideal solution for today’s multi-technology distributed power generation projects.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@capstoneturbine.com. To date, Capstone has shipped nearly 10,000 units to 83 countries and in FY20, saved customers an estimated $219 million in annual energy costs and 368,000 tons of carbon.

For more information about the company, please visit www.capstoneturbine.com. Follow Capstone Turbine on Twitter, LinkedIn, Instagram, Facebook and YouTube.

Cautionary Note Regarding Forward-Looking Statements
This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations, beliefs, plans, intentions, and strategies of the Company. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason.

“Capstone” and “Capstone Microturbine” are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.

CONTACT:
Capstone Turbine Corporation
Investor and investment media inquiries:}
818-407-3628
ir@capstoneturbine.com

SOURCE: Capstone Turbine Corporation

Capstone Turbine Enters Into A New Original Equipment Manufacturer (OEM) Agreement With European-Based Clean Energy Company, B+K – Expanding The Application Of Microturbine Technologies Not Reliant On Fossil Fuels

 

Capstone Immediately Receives Order for First Commercial Unit

VAN NUYS, CA / ACCESSWIRE / March 11, 2021 / Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST), the world’s leading manufacturer of clean energy technology microturbine systems, announced today that it continues to expand the range of non-fossil fuels able to power its innovative microturbine based energy solutions. With the signing of a new OEM agreement with Professor Dr. Berg & Kießling GmbH (B+K) (www.bergundkiessling.com), Capstone immediately received an order for the first Capstone microturbine kit under the new agreement.

The Capstone microturbines will be integrated into the innovative B+K ClinX product. The ClinX product uses renewable sources instead of fossil fuels and thus prevents unnecessary CO2 emissions. ClinX enables the decentralized conversion of previously unused wooden byproducts into heat and electricity. A unique feature of ClinX is its relatively small size of <1 MW, which works well for decentralized energy applications, and it has a broad fuel spectrum. ClinX burns heterogeneous, wooden byproducts and thus converts heat and at the same time produces electricity using the externally fired Capstone microturbine.

 

 

“B+K was founded back in 2012 to develop decentralized combined heat and power (CHP) systems based on microturbine technology, and we are proud that after many years of collaboration, B+K has officially selected Capstone technology for their innovative ClinX product,” said Darren Jamison, Capstone’s President and Chief Executive Officer. “Capstone is committed to finding better ways to generate green energy for distributed generation and CHP applications using renewable natural gas, biogas, hydrogen or externally fired thermal solutions like the B+K ClinX,” Mr. Jamison added.

The ClinX solution provides a more environmentally-friendly solution as customers convert energy from renewable energy sources instead of fossil fuels. This renewable energy generation helps to avoid additional CO2 emissions and to protect the environment. The use of professional filter systems guarantees compliance with stringent air quality standards. Depending on the input, the remaining ashes may also subsequently be used in agriculture and forestry.

“In addition to supplying microturbine kits to B+K, Capstone’s factory project team will support the sale of the ClinX solution with its new Direct Sales organization and with our existing global Distribution network,” said Jim Crouse, Capstone’s Chief Revenue Officer. “The B+K containerized design will allow for quick deployment and easy installation,” Mr. Crouse added.

ClinX is a modular system that is adapted to customers’ requirements. The ClinX 50 will utilize Capstone’s proven C65 microturbine, and the ClinX 150 will incorporate Capstone’s highly reliable C200 microturbine. The systems will be expandable in a user-friendly manner as the central combustion unit with a subsequent energy conversion module will be able to be supplemented by a cooling or water treatment module if required.

“Capstone is a company that excels globally in clean and environmentally-friendly turbine solutions,” said Sebastian Kiessling, Executive Partner of B+K. “Capstone lives our mission statement together with us, and we are looking forward to long-term cooperation and many successful joint projects,” concluded Mr. Kiessling.

About Capstone Turbine Corporation

Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) is the world’s leading producer of highly efficient, low-emission, resilient microturbine energy systems. Capstone microturbines serve multiple vertical markets worldwide, including natural resources, energy efficiency, renewable energy, critical power supply, transportation and microgrids. Capstone offers a comprehensive product lineup via our direct sales team, as well as our global distribution network. Capstone provides scalable solutions from 30 kWs to 10 MWs that operate on a variety of fuels and are the ideal solution for today’s multi-technology distributed power generation projects.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@capstoneturbine.com. To date, Capstone has shipped nearly 10,000 units to 83 countries and in FY20, saved customers an estimated $219 million in annual energy costs and 368,000 tons of carbon.

For more information about the company, please visit www.capstoneturbine.com. Follow Capstone Turbine on Twitter, LinkedIn, Instagram, Facebook and YouTube.

Cautionary Note Regarding Forward-Looking Statements

This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations, beliefs, plans, intentions and strategies of the Company. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason. “Capstone” and “Capstone Microturbine” are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.

CONTACT:
Capstone Turbine Corporation
Investor and investment media inquiries:
818-407-3628

ir@capstoneturbine.com

SOURCE: Capstone Turbine Corporation

Thursday, March 11, 2021

Great Lakes Dredge & Dock (GLDD)
A Nice Win on Boston Harbor

Great Lakes Dredge & Dock Corp is a provider of dredging services in the United States. The company only’s operating segments is Dredging. Dredging involves the enhancement or preservation of navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock. Its projects portfolio includes Coastal Restoration, Coastal Protection, Port expansion, and others.

Poe Fratt, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

A Nice Win on Boston Harbor. The Dept of Defense government contract summary indicated that GLDD has been awarded a $61.8 million contract for rock blasting, removal and dredging in Boston Harbor. There were three other bidders and bids were solicited via the internet. Work should start later this year and the estimated completion date is November 2022.


Solid dredging outlook with backlog at $559 million, and potential infrastructure spending creates tailwind.  The Boston award is incremental to current low bids pending award/options total ~$562 million, including $90 million added in January …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Capstone Turbine (NASDAQ:CPST) Secures Two New Long-Term Rentals And Announces Expansion Of Its Rental Fleet, From 8.6 MW To 10.6 MW

 

Rental Microturbines To Be Deployed at One of the World’s Largest Oil & Gas Producers in Texas, and a New Industrial Agricultural Operation in California

VAN NUYS, CA / ACCESSWIRE / March 8, 2021 / Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST), the world’s leading manufacturer of clean energy technology microturbine systems, announced today that it continues to expand its long-term microturbine rental business as part of expanding its Energy as a Service (EaaS) business model, with an additional 1.6 megawatts (MWs) of new long-term rental contracts. As a result, Capstone also announced today that it will now expand its low emission microturbine rental fleet from today’s 8.6 MW to 10.6 MW by March 31, 2021.

 

Capstone Rental Unit Temporarily Installed at Leading Oil & Gas Producer

 

One of the two new long-term rental contracts is a one-year rental agreement for a five-bay C600S for one of the world’s largest oil and gas producers in Texas. This contract is a follow-on long-term rental secured by Capstone distribution partner Lone Star Power Solutions (www.lonestarpowersolutions.com). Lone Star Power Solutions is Capstone’s exclusive distributor for Texas, Arizona and the Gulf States. The microturbine rental system is expected to be delivered and commissioned in the spring of 2021.

The second long-term rental contract is a one-year rental agreement for a C1000S for a new industrial agricultural operation in California. This contract was secured by Capstone’s distribution partner, Cal Microturbine, Capstone’s exclusive distributor for California, Hawaii & Nevada and nonexclusive for Oregon and Washington (www.calmicroturbine.com). The one-year rental is expected to be commissioned later this summer.

“Expanding Capstone’s Energy as a Service business, which includes the long-term rental program, is an important element for the company achieving its near-term profitability goals. Capstone is a proud green energy company, having focused for a long time on transforming the way businesses think about on-site energy production,” said Darren Jamison, President and Chief Executive Officer of Capstone Turbine. “Today, we are even more excited to be able to offer our customers Energy as a Service, to strengthen our commitment in creating smarter energy for a cleaner future, as carbon reduction has increasing value to our customers,” added Mr. Jamison.

“We currently have over 50 MW of gross, pending long-term rental contract quotations out for consideration with potential customers, and I expect the new U.S. administration will create even more positive momentum toward green initiatives, as President Biden recently signed an executive order to rejoin the U.S. into the Paris climate accord, his first major action to tackle global warming,” concluded Mr. Jamison.

“The business plan that we developed in conjunction with amending the Goldman Sachs Note Purchase Agreement on October 1, 2020, included the strategic expansion of the long-term rental fleet from 8.6 MW to 14.85 MW by June 30, 2021, and to 21.1 MW by March 2022,” said Eric Hencken, Chief Financial Officer of Capstone Turbine. “Long-term rentals are a key to our financial success as the recurring revenue stream they generate improves our gross margin and expense absorption,” concluded Mr. Hencken.

The large oil and gas company continued its pursuit of a flexible and scalable low emission energy solution that could be quickly and easily deployed and increase power capacity and accommodate its Permian basin installations’ growing energy needs. The industrial agricultural facility selected the natural gas C1000S due to its lower emission profile when compared to the environmental impact of traditional diesel rental generators.

About Capstone Turbine Corporation

Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) is the world’s leading producer of highly efficient, low-emission, resilient microturbine energy systems. Capstone microturbines serve multiple vertical markets worldwide, including natural resources, energy efficiency, renewable energy, critical power supply, transportation and microgrids. Capstone offers a comprehensive product lineup via our direct sales team, as well as our global distribution network. Capstone provides scalable solutions from 30 kWs to 10 MWs that operate on a variety of fuels and are the ideal solution for today’s multi-technology distributed power generation projects.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@capstoneturbine.com. To date, Capstone has shipped nearly 10,000 units to 83 countries and in FY20, saved customers an estimated $219 million in annual energy costs and 368,000 tons of carbon.

For more information about the company, please visit www.capstoneturbine.com. Follow Capstone Turbine on Twitter, LinkedIn, Instagram, Facebook and YouTube.

Cautionary Note Regarding Forward-Looking Statements

This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations, beliefs, plans, intentions and strategies of the Company. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason. “Capstone” and “Capstone Microturbine” are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.

CONTACT:
Capstone Turbine Corporation
Investor and investment media inquiries:
818-407-3628

ir@capstoneturbine.com

SOURCE: Capstone Turbine Corporation

Capstone Turbine Secures Follow-On Order From Major Oil & Gas Producer In India

 

Microturbines to be Deployed at a Gathering Station in India for Flare Recovery Project

VAN NUYS, CA / ACCESSWIRE / March 4, 2021 / Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST), the world’s leading manufacturer of clean technology microturbine energy systems, announced today that it received a follow-on order for Oil and Natural Gas Corporation (ONGC), India’s renowned multi-national oil and gas company, for one C200 Signature Series and two C65 microturbines. Brio Energy Pvt. Ltd., Capstone’s exclusive distributor in India (www.brioenergy.in), secured the order, which is expected to be commissioned in May 2021.

Capstone continues its growth in the South Asian oil and gas market with its recent follow-on order from ONGC. The microturbines, destined for a remote gathering station in western India, will provide primary power to the facility while simultaneously reducing the flaring of associated gas which negatively impacts the environment. Utilizing the flare gas that would otherwise be wasted reduces the company’s overall operational costs. In addition, it helps the environment by eliminating the need to import power from the local utility, reducing their overall carbon footprint.

“Gas flaring is a global issue, but it’s much more acute in areas with limited infrastructure and often has devastating negative impacts on local communities. Beyond the obvious noise and light issues, flaring emits black carbon, methane, and volatile organic compounds, all of which are dangerous air pollutants,” said Darren Jamison, President and Chief Executive Officer of Capstone Turbine. “It’s tremendous to see a world-renowned oil and gas company like India’s ONGC continue to utilize Capstone’s green energy products to limit the environmental impacts associated with flare gas in India,” added Mr. Jamison.

Officials at ONGC have really appreciated the vast benefits of Capstone’s microturbine technology with their initial order. Capstone microturbines are able to use flare gas as an input fuel source without any gas pre-treatment. This allowed the customer to monetize the associated gas while simultaneously keeping operational costs low by not needing extra fuel-cleaning equipment.

“Our aim is to provide next-generation energy solutions to industries that match today’s distributed generation needs,” said Shubham Mishra, Principal at Brio Energy. “Through the use of Capstone’s microturbine energy systems, we can advance clean and reliable energy solutions across the country and achieve carbon neutrality,” added Mr. Mishra.

Capstone microturbines are recognized in the oil and gas industry for their strong performance and reliability. Along with their rugged reputation, microturbines allow oil and gas operators to meet flare gas reduction objectives. By utilizing on-site natural gas, oil and gas producers have the potential to reduce harmful emissions and also lower their operating expenses.

About Capstone Turbine Corporation

Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) is the world’s leading producer of highly efficient, low-emission, resilient microturbine energy systems. Capstone microturbines serve multiple vertical markets worldwide, including natural resources, energy efficiency, renewable energy, critical power supply, transportation and microgrids. Capstone offers a comprehensive product lineup via our direct sales team, as well as our global distribution network. Capstone provides scalable solutions from 30 kWs to 10 MWs that operate on a variety of fuels and are the ideal solution for today’s multi-technology distributed power generation projects.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@capstoneturbine.com. To date, Capstone has shipped nearly 10,000 units to 83 countries and in FY20, saved customers an estimated $219 million in annual energy costs and 368,000 tons of carbon.

For more information about the company, please visit www.capstoneturbine.com. Follow Capstone Turbine on Twitter, LinkedIn, Instagram, Facebook and YouTube.

Cautionary Note Regarding Forward-Looking Statements

This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations, beliefs, plans, intentions and strategies of the Company. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason. “Capstone” and “Capstone Microturbine” are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.

CONTACT:
Capstone Turbine Corporation
Investor and investment media inquiries:
818-407-3628

ir@capstoneturbine.com

SOURCE: Capstone Turbine Corporation

Friday, February 26, 2021

Orion Group Holdings (ORN)
Better-than-Expected Quarter, But Flat Year Ahead?

Orion Group Holdings, based in Houston, Texas, is a specialty construction company within the Marine and Industrial Construction sectors, with operations focused in the continental United States and Caribbean. Revenue is split roughly 50/50 between a Marine Construction segment that provides marine facility, pipeline and structural construction services and a Commercial Concrete segment that provides turnkey concrete services in the light commercial and structural construction markets.

Poe Fratt, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

4Q2020 EBITDA of $12.6 million beat guidance of $10-$12 million and 2020 EBITDA of $54.4 million sets the bar high for 2021. Excluding asset sales, 2020 EBITDA was $48.2 million. Despite the uncertain operating environment, 4Q2020 operating results exceeded expectations. Versus last year, gross profit increased to $21.7 million from $19.1 million, and EBITDA also improved to $12.6 million from $11.0 million. Revenue dropped off almost $30 million to $170.2 million, but profitability was solid, with higher gross margin of 12.8% (+320 basis points) and EBITDA margin of 7.7% (+220 basis points).


Fine tuning 2021 EBITDA estimate to $47.0 million from $48.7 million to reflect more conservation tack.  Tough comps versus 2020 EBITDA of $48.2 million, but profitability remains solid with EBITDA margin in 6.9% range …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Wednesday, February 24, 2021

Orion Group Holdings (ORN)
Results Should Reinforce Favorable Outlook

Orion Group Holdings, based in Houston, Texas, is a specialty construction company within the Marine and Industrial Construction sectors, with operations focused in the continental United States and Caribbean. Revenue is split roughly 50/50 between a Marine Construction segment that provides marine facility, pipeline and structural construction services and a Commercial Concrete segment that provides turnkey concrete services in the light commercial and structural construction markets.

Poe Fratt, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

4Q2020 Results out after the market closes today and call tomorrow at 10am EST. Number is 201-493-6739 and code is Orion Group Holdings. Our 4Q2020 gross profit estimate is $20.3 million and gross margin of 11.3%. Our EBITDA estimate is $11.9 million with EBITDA margin of 6.6%. We will be looking for color in the following areas: Impact on Concrete from the recent deep freeze in Texas; Tone of Concrete bidding and expansion opportunities; Tone of Marine bidding and visibility of projects, including any signs of recovery in cruise industry; Timing and potential of industrial market expansion; ISG restructuring impact and margin direction; ERP implementation update and expected benefits; Asset sales update – Port Lavaca closed? Color on Tampa yard sale delay into 2Q2021; and Capital allocation priorities if/when asset sales close.


Industry fundamentals remain positive despite state level concerns about COVID-19.  Announced 4Q2020 awards total $99 million and appear incremental to 3Q2020 low bids pending award. While there is still some concern about COVID-19, crude oil prices have rebounded and Texas remains on a demographic growth path with several prominent HQ relocations announced …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Friday, February 19, 2021

Great Lakes Dredge & Dock (GLDD)
A Softer End to Year, But Positive Outlook Intact

Great Lakes Dredge & Dock Corp is a provider of dredging services in the United States. The company only’s operating segments is Dredging. Dredging involves the enhancement or preservation of navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock. Its projects portfolio includes Coastal Restoration, Coastal Protection, Port expansion, and others.

Poe Fratt, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

4Q2020 results softer than expected due to higher costs and downtime/delays. Adjusted EBITDA of $29.4 million was below expectations of $33.5 million and EBITDA margin of 17.1% was below expectations of 17.7% due to higher S,G&A expenses, including severance and relocation costs, and higher maintenance expense caused by unexpected downtime. Good execution on most projects was offset by some weather delays in Florida.


Fine tuning 2021 EBITDA estimate of $150.0 million which is down slightly from 2020 due to a 90 basis point drop in EBITDA margin to 19.7% mainly due to strong outperformance on several projects this year, especially in 1Q2020.  S,G&A expenses are expected to remain elevated in the 8.5% of revenue range due to costs to move to Texas. Admittedly, we are setting the bar at a reasonable level given …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Friday, February 19, 2021

Capstone Turbine (CPST)
Coverage Initiated on Capstone Turbine

Capstone Turbine Corp is the producer of low-emission microturbine systems.The company develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications. Capstone Turbine’s products include onboard generation for hybrid electric vehicles; conversion of oil field and biomass waste gases into electricity; combined heat, power, and chilling solutions; capacity addition; and standby power.

Michael Heim, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Capstone Turbine is a leading provider of on-site generation and thermal solutions. We believe that microturbines serve an important service for clients seeking to supplement or replace electric utility service. Growth has accelerated in recent quarters following a salesforce realignment. The long-term prospects for the company are also good. Increased environmental consciousness will push customers towards companies like Capstone that offer individualized client solutions that reduce emissions.


Cost cutting should mean top-line growth goes right to the bottom line.  Capstone spent last year working to reduce costs with a goal of moving the company to positive cash flow generation. The company turned cash flow positive in the June quarter before reporting narrow losses in the September and December quarters, as it shifted its focus towards growing revenues. With a better-aligned cost …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision.