The orders for two Capstone C800s and one Capstone C1000 come through Regatta Solutions. The microturbines will be used in two unspecified Southern California hospitals. One of the hospitals will receive the two Capstone C800s, while the other purchased the single Capstone C1000.
"It is great to see the continued adoption of Capstone Turbine technology in the healthcare industry," vice president of Regatta Solutions Kenda Burkhart said in a statement. "The market as a whole is realizing that implementing clean and green CHP technology will deliver substantial improvements in their overall efficiency and reduce their facility's operating expenses."
TheStreet Ratings team rates CAPSTONE TURBINE CORP as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:
"We rate CAPSTONE TURBINE CORP (CPST) a SELL. This is driven by a few notable weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. Among the areas we feel are negative, one of the most important has been poor profit margins."
Highlights from the analysis by TheStreet Ratings Team goes as follows: