Capstone Green Energy (NASDAQ:CGRN) Releases Quarterly Earnings Results, Misses Expectations By $0.13 EPS

Capstone Green Energy (NASDAQ:CGRN) posted its quarterly earnings data on Wednesday. The company reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.26) by ($0.13), Fidelity Earnings reports. Capstone Green Energy had a negative net margin of 33.55% and a negative return on equity of 176.15%.

Shares of CGRN stock opened at $7.67 on Friday. Capstone Green Energy has a 52-week low of $2.26 and a 52-week high of $15.28. The company has a debt-to-equity ratio of 25.43, a current ratio of 2.85 and a quick ratio of 2.36. The company has a market cap of $98.36 million, a P/E ratio of -3.87 and a beta of 2.62.

Separately, HC Wainwright reissued a “buy” rating on shares of Capstone Green Energy in a research note on Tuesday, June 1st.

Capstone Green Energy Company Profile

Capstone Green Energy Corporation develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation applications worldwide. It offers microturbine units, components, and accessories for various applications, including cogeneration comprising combined heat and power (CHP) and integrated CHP, as well as combined cooling, heat, and power; and renewable energy, natural resources, and critical power supply.

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