It tells you the battery needs to be recharged, and, if the running voltage test was at 3000 RPM, (sorry, I should have been more specific) the charging system isn't working.
I would next measure the voltage at the battery, and the 3 regulator terminals, with the ignition on, motor not running, neg meter lead connected to the battery negative post. Expect to see the battery voltage, minus .5-1V on the black, the same as the black on the white. The voltage on the green (ground on Hondas) should be no greater than about .5V. If these readings are OK, and you have already checked the field and stator coils, move on to the rectifier test.