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Capstone Green Energy reports Q3 EPS (28c), consensus (18c)
The Fly

Capstone Green Energy reports Q3 EPS (28c), consensus (18c)

Reports Q3 revenue $19.6M, consensus $22.5M. "Revenue for the third quarter was $1.0 million less compared to the same period last year; however our year-to-date revenue is up 9.5%, when compared to the first nine months of the prior year. This revenue growth is largely attributed to our Energy as a Service (EaaS) business which continues to grow, despite a very tough supply chain environment. Although product shipments during the third quarter were challenged as we continue to battle supply chain disruptions and higher costs, I expect this will begin to be offset by our price increases implemented at the end of January," said Darren Jamison, President, and Chief Executive Officer of Capstone Green Energy.

Published first on TheFly

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