No: Stewart is ultra conservative in his projections. Remember he said $4.6 million for Q 2 late last year. Turned out Q 2 was actually at $ 9.6 million taking into account sales incentives.
Capstone is a hidden gem and the continual understatement of revenues further keeps CAPC below the radar of growth investors. I kinda like that. It's refreshing to see a microcap CEO act modestly, but it frustrates us all.