Capstone Companies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 11:56 am EST
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Capstone Companies, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 0.063771 million compared to USD 0.035876 million a year ago. Net loss was USD 0.423598 million compared to USD 0.379973 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.
For the nine months, sales was USD 0.095968 million compared to USD 0.318762 million a year ago. Net loss was USD 1.22 million compared to USD 1.45 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.03 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to USD 0.03 a year ago.
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. 
