Live Virtual Presentation on Wednesday, January 13th at 4:00 pm ET
VAN NUYS, CA / ACCESSWIRE / January 8, 2021 / Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced today that it will be presenting virtually at the upcoming Sidoti Winter 2021 Virtual Conference on Wednesday, January 13th at 4:00 pm ET (1:00 pm PT). Darren Jamison, Capstone Turbine's President & Chief Executive Officer, will be presenting to a live virtual audience and answering questions from investors.
"I am looking forward to discussing Capstone's fiscal 2021 highlights as we delivered a positive adjusted EBITDA quarter in the first quarter, followed by positive cash from operations in the second quarter. Additionally, in the third quarter, we recently pre-announced the largest quarterly revenue in over a year, which we accomplished despite the continuing impacts of the COVID-19 global pandemic," said Darren Jamison, Capstone's President and Chief Executive Officer.
"In addition, I look forward to laying out our plans on expanding our geographic distribution network; our new direct sales organization that focuses on closing contracts with national accounts, growing long-term Rental business and Energy as a Service (EaaS); as well as having the opportunity to expand a bit more on our recent hydrogen product development program," concluded Mr. Jamison.
- Date: Wednesday, January 13, 2021
- Time: 4:00 pm ET / 1:00 pm PT
- Investors and other interested individuals may access the virtual presentation by registering here: https://sidoti.zoom.us/webinar/register/WN_tyAyaoVTRTKNt-Y-AvSPEw
Darren Jamison, Capstone's President & Chief Executive Officer, and Eric Hencken, Capstone's Chief Financial Officer, will be conducting one-on-one virtual meetings with qualified professional investors throughout the conference days of January 13-14, 2021. To register and schedule a time with management, please follow this link: Sidoti January Conference Investor Registration, or contact Capstone Turbine Investors Relations at [email protected]
Supporting presentation materials will be available on the day of the conference by visiting the Investor Relations section of the company's website at www.capstoneturbine.com.
About Sidoti & Company
For more than two decades, Sidoti & Company (http://www.sidoti.com) has been a premier provider of independent securities research focused specifically on small and microcap companies and the institutions that invest their securities. The firm serves nearly 500 institutional clients in the U.S., Canada, and the U.K., including many leading managers of portfolios with $200 million to $2 billion of assets.
About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) is the world's leading producer of highly efficient, low-emission, resilient microturbine energy systems. Capstone microturbines serve multiple vertical markets worldwide, including natural resources, energy efficiency, renewable energy, critical power supply, transportation and microgrids. Capstone offers a comprehensive product lineup via our direct sales team, as well as our global distribution network. Capstone provides scalable solutions from 30 kWs to 10 MWs that operate on a variety of fuels and are the ideal solution for today's multi-technology distributed power generation projects.
For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: renta[email protected]. To date, Capstone has shipped nearly 10,000 units to 83 countries and in FY20, saved customers an estimated $219 million in annual energy costs and 368,000 tons of carbon.
Cautionary Note Regarding Forward-Looking Statements
This release and the Company's presentation and responses to questions at the Sidoti Conference may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations, beliefs, plans, intentions and strategies of the Company. The Company tries to identify any such forward-looking statements by using words such as "expect," "anticipate," "believe," "could," "should," "estimate," "intend," "may," "will," "plan," "goal" and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company's indebtedness; the Company's ability to develop new products and enhance existing products; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company's ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company's future operating results, please see the Company's filings with the Securities and Exchange Commission, including the disclosures under "Risk Factors" in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason. "Capstone" and "Capstone Microturbine" are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.
Capstone Turbine Corporation
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