Net Loss for Capstone in Q3

Capstone Turbine Corp. widened its net loss in the third quarter when compared to a year ago due to a change in the company’s accounting standards. Without the accounting change, the Chatsworth-based manufacturer of micro-turbines would have reported a lower net loss. Capstone reported a net loss of $8.1 million, or $0.03 per diluted share, on revenues of $24.2 million for the quarter ending Dec. 31. For the same period in the previous year, the company had a net loss of $7.2 million, or $0.04 per diluted share, on revenues of $16 million. In the third quarter Capstone shipped 171 micro-turbines compared to the 122 units shipped in the same period in 2009. Mark R. Madler