Profitability may be the biggest concern for investors of Capstone Turbine (CPST), but with the orders rolling in as they have been thus far in 2011, it's hard to believe that the company won't be able to get there at some point in the near- to mid-term future.
Granted, for profitability to present itself, expenses will need to be kept under control and, decent profit margins need to be had on sales, and a steady dent needs to be chipped away at the growing backlog. A recent order, however, announced on Monday for sixty C30 units from Capstone's Russian distributor BPC Engineering is added proof that this company's microturbine products are catching on globally and well worthy of the Presidential mention earlier this year.
This significant order, which has the 60 units destined for installation along a new gas pipeline being built in Kazakhstan, comes on the heels of some other pretty large orders and re-orders that have Capstone embedding its products into the global oil and gas market.
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