CPST - Capstone Turbine tumbles on big quarterly loss lack of guidance

Capstone Turbine ([[CPST]] -19.6%) sinks to its lowest in more than a month in early trading after reporting a much larger than forecast FQ3 net loss, even as revenues rose 39% Q/Q to $20.7M.Q3 EBITDA loss improved to $1.3M from $2.7M in the prior-year period.Investors may be disappointed that results did not include 2021 forward guidance.Maxim Group maintains its Hold rating on the stock, leaving its FY 2021 EBITDA and revenues estimates unchanged, "based on higher gross profit margins from selling new microturbines and aftermarket service revenue."

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Capstone Turbine tumbles on big quarterly loss, lack of guidance