Capstone Turbine Corp. announced preliminary earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, company’s preliminary results reflect management’s continued execution of the initiatives to diversify and increase revenue, increase service gross margin and further reduce operating expenses to achieve Adjusted EBITDA breakeven as quickly as possible. Capstone’s preliminary third quarter revenue was approximately 91% of its $25 million Adjusted EBITDA breakeven quarterly revenue target compared to 79% in the second quarter of fiscal 2018. Total revenue increased 15% to approximately $22.7 million from $19.8 million in the second quarter of fiscal 2018 and increased 12% from $20.2 million in the same period last year. For nine months, total revenue increased 14% to approximately $61.8 million from $54.2 million in the same period last year, indicating a meaningful rebound in revenue.