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Capstone Turbine: Fiscal 3Q Earnings Snapshot

VAN NUYS, Calif. (AP) _ Capstone Turbine Corp. (CPST) on Thursday reported a loss of $3.5 million in its fiscal third quarter.

The Van Nuys, California-based company said it had a loss of 5 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.

The maker of turbine systems for energy generation posted revenue of $18 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $21.3 million.

In the final minutes of trading on Thursday, the company's shares hit 91 cents. A year ago, they were trading at 93 cents.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPST at https://www.zacks.com/ap/CPST