Capstone Posts Loss in Q3

Capstone Turbine Corp. narrowed its net loss for the third quarter, according to the company’s latest financial statement. The Chatsworth-based manufacturer of micro-turbines posted a loss of $7.7 million, or a loss of $0.05 per diluted share, on revenues of $9.2 million for the quarter ending Dec. 31. For the same period last year, the company had a net loss of $8.5 million, or a loss of $0.08 per diluted share, on revenues of $5.7 million. The 61 percent increase in revenues for the third quarter was attributed to continued growth in the American, European and Asian markets.