Capstone Companies, Inc. Raises Revenue Guidance for the First Quarter of 2017
April 25, 2017 at 06:55 am EDT
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Capstone Companies, Inc. raised its revenue guidance for the 2017 first quarter to $5.5 million. The increases in guidance provided are based on increased presence of the company’s product on store shelves of its large U.S. retailers, higher customer demand for the company’s products and strong reorder activity that is driving growing backlog.
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. 