Capstone Companies, Inc. Provides Earnings Guidance for the Third Quarter and Nine Months Ended September 30, 2017
October 19, 2017 at 06:55 am EDT
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Capstone Companies, Inc. provided earnings guidance for the third quarter and nine months ended September 30, 2017. For the quarter the company expects revenues to be approximately $13 million, an increase of 11% over the prior year period.
For the year to date, the company revenues are expected to exceed $30 million, an increase of approximately $7.3 million or 32.2% as compared to the same period 2016.
Capstone Companies, Inc. is a holding company. The Company is a designer, manufacturer and marketer of consumer products that are designed to simplify daily living through technology. The Companyâs product line includes Connected Surfaces-Connected Chef, a purpose-built kitchen appliance tablet, which is a form factor with Google GMS operating system, with an integrated platform for cooking accessories, such as a cutting board. The Connected Chef is also designed to safely deliver and access content on mobile and Web-based platforms. The Connected Chef has a Google mobile service allowing for pre-installation of specific Google applications, including Playstore, voice assistant and YouTube. The Connected Chef also provides a cleaner and safer appliance in the cooking area. The Connected Surfaces portfolio is designed to tap into consumers' Internet of Things, wireless connected lifestyles.
CAPSTONE COMPANIES, INC. 
