Capstone Green Energy Increases DSS Program Fee To Support EaaS Business

Capstone Green Energy Corp CGRN revealed an increase in its Distributor Support System or DSS program fee to support the expanding EaaS business.
Capstone Green anticipates receiving an estimated $2.8 million in FY22.
The company expects the increased DSS fee combined with expense reduction plan to improve financial performance and help reach its goal of consistent quarterly positive adjusted EBITDA.
The DSS program adds diversity to the company’s EaaS revenues, including long-term rentals, long-term service agreements, spare parts, and engineering services.
Price Action: CGRN shares are trading higher by 3.21% at $4.18 on the last check Monday.

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