- Total revenue for the second quarter of fiscal 2019 increased approximately 12% to $22.2M from the same period last year.
- Capstone's (CPST) product revenue increased approximately 22% during the second quarter of fiscal 2019 to approximately $14.9M.
- Cash usage during the quarter was 78% lower compared to same period last year.
- Book-to-bill ratio was 0.7:1 for the second quarter up from year-ago second quarter, which was a 0.5:1.
- Previously negotiated royalty settlement of $3M was paid in full to Carrier during the quarter.
- Source: Press Release