Capstone Green Energy (NASDAQ:CGRN) to Announce Its First Quarter Fiscal Year 2022 Financial Results on Wednesday, August 11, 2021

Rhea-AI Summary

Capstone Green Energy Corporation (NASDAQ:CGRN) will announce its first-quarter fiscal year 2022 financial results on August 11, 2021, after market close. A live webcast discussing the results will follow at 1:45 p.m. PT. The company aims to highlight its progress in carbon reduction and on-site energy solutions. Capstone has shipped over 10,000 units globally, saving customers approximately $217 million in energy costs and reducing carbon emissions by around 397,000 tons in FY21.

Positive

• Capstone has shipped over 10,000 units to 83 countries, demonstrating strong market presence.
• In FY21, customers saved approximately $217 million in energy costs due to Capstone's solutions.

Negative

• None.

VAN NUYS, CA / ACCESSWIRE / July 28, 2021 / Capstone Green Energy Corporation (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) formerly Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) ("Capstone" or the "Company"), a global leader in carbon reduction and on-site resilient green energy solutions, announced today that on Wednesday, August 11, 2021, after market close, it expects to release full financial results for its first quarter of fiscal year 2022, ended June 30, 2021. Later that same day, at 1:45 p.m. Pacific Time (4:45 p.m. Eastern Time), Capstone will host a live webcast to discuss those results.

At the end of the conference call, Capstone will host a question-and-answer session to provide an opportunity for financial analysts to ask questions. Investors and interested individuals are invited to listen to the webcast by logging on to the Company's investor relations webpage at www.capstonegreenenergy.com. A replay of the webcast will be available on the site for 30 days.

About Capstone Green Energy
Capstone Green Energy (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals. Capstone Green Energy focuses on four key business lines. Through its Energy as a Service (EaaS) business, it offers rental solutions utilizing its microturbine energy systems and battery storage systems, comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs, as well as aftermarket parts. Energy Conversion Products are driven by the Company's industry-leading, highly efficient, low-emission, resilient microturbine energy systems offering scalable solutions in addition to a broad range of customer-tailored solutions, including hybrid energy systems and larger frame industrial turbines. The Energy Storage Products business line designs and installs microgrid storage systems creating customized solutions using a combination of battery technologies and monitoring software. Through Hydrogen Energy Solutions, Capstone Green Energy offers customers a variety of hydrogen products, including the Company's microturbine energy systems.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@CGRNenergy.com. To date, Capstone has shipped over 10,000 units to 83 countries and estimates that, in FY21, it saved customers over $217 million in annual energy costs and approximately 397,000 tons of carbon. Total savings over the last three years are estimated at 1,115,100 tons of carbon and $698 million in annual energy savings.

For more information about the Company, please visit: www.CapstoneGreenEnergy.com. Follow Capstone Green Energy on Twitter, LinkedIn, Instagram, Facebook, and YouTube.

CONTACT:
Capstone Green Energy
Investor and investment media inquiries:
818-407-3628
ir@CGRNenergy.com

SOURCE: Capstone Green Energy Corporation

View source version on accesswire.com:
https://www.accesswire.com/657283/Capstone-Green-Energy-NASDAQCGRN-to-Announce-Its-First-Quarter-Fiscal-Year-2022-Financial-Results-on-Wednesday-August-11-2021

FAQ

When will Capstone Green Energy release its financial results for Q1 FY2022?

Capstone Green Energy will release its financial results on August 11, 2021.

What is Capstone Green Energy's stock symbol?

Capstone Green Energy's stock symbol is CGRN.

What savings did Capstone Green Energy estimate for customers in FY21?

Capstone estimated savings of approximately $217 million in energy costs for customers in FY21.

How many units has Capstone Green Energy shipped worldwide?

Capstone Green Energy has shipped over 10,000 units to 83 countries.

What time will Capstone Green Energy's webcast start on August 11, 2021?

The webcast will start at 1:45 p.m. Pacific Time.