Gallstone Capstone Posts Results

Q4 loss $0.06/shr vs yr-ago loss $0.07/shr
* Revenue up 28 pct
June 15 (Reuters) - Capstone Turbine Corp (CPST.O), a maker of low-emission microturbine systems, posted a wider fourth-quarter net loss hurt by higher manufacturing costs.
For the quarter ended March 31, the company reported net loss of $12 million, or 6 cents a share, compared with $9.6 million, or 7 cents a share, a year ago.
Revenue grew 28 percent to $11.8 million.
Analysts on average were expecting a loss of 6 cents a share, excluding items, on revenue of $13.4 million, according to Reuters Estimates.
Research and development costs rose 5 percent to $2.1 million.
Manufacturing and overhead costs increased from the year-ago quarter due to the launch of its C200 and C1000 Series systems.
Backlog for the fiscal year rose 120 percent to $61.5 million.
Shares of the company were down 3 cents after the bell. They closed at $1.15 Monday on Nasdaq.
For the alerts, please double click on [nWNAB9888] (Reporting by Biswarup Gooptu in Bangalore; Editing by Ratul Ray Chaudhuri)