Capstone Distributor Support Services Corporation has reported a notable increase in its financial performance for the first quarter of fiscal year 2026. The company recorded a 78% year-over-year growth in revenue, reaching $12.228 million compared to the previous year's first quarter. Additionally, Capstone achieved a significant rise in its Adjusted EBITDA, which increased by 268% year-over-year to $2.0 million. The company's bookings have also shown improvement, with new system bookings in the first quarter of FY26 amounting to 8.1 MW, translating to $17.0 million across 23 units, an increase from the 4.1 MW and $3.6 million on 22 units booked in the first quarter of FY25. Capstone has maintained five consecutive quarters of positive Adjusted EBITDA, reflecting its ongoing financial stability and operational efficiency. The company defines Adjusted EBITDA as EBITDA before various non-recurring and restructuring expenses. This metric is used by management to evaluate Capstone's financial performance and to formulate future forecasts.
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