Capstone Turbine (NASDAQ:CPST) often issues press releases about its orders, disclosing the distributor, model, application and sometimes the end user. Clearly not all orders show up in press releases, and some activity is described in much greater detail than others. So, how does one interpret the press releases about order activity since the close of Capstone's second fiscal quarter that ended September 30, 2013?
For those not following the company closely, Capstone had a record Q2 in terms of revenue. However, in some respects that record was a disappointment. Capstone had a dismal Q1, when a string of 23 consecutive quarters of year over year revenue growth was broken. Management claimed that the poor performance was due...
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