I rarely witness the event, but the residue is a sign that it happens fairly often.
However, two nights ago I did see an adult female
H. coronatus (Orchid Mantis) do this. She was already well fed, but I fed her 2 more good-sized roaches. While she was eating the second, I put a male on her back. He hunkered down as males do and began the occasional drumming behavior. Soon, she finished the second roach. I had introduced a few more roaches to the enclosure for her to feed on if she became hungry (a good alternative to that bite-sized meal riding on her back!).
A short while later the male was getting nowhere, but she didn't seem to be upset about his presence so I left him. She had managed to capture another roach. I'm always a bit relieved to see her eating something ELSE, because it's the only time I truly feel the male is safe. As I watched and dreamed a bit about a successful pairing, she leaned her abdomen over the side of her wings and out came the translucent liquid. As Christian said, it dried into a powdery liquid (now two days later). This particular cage is screened on the top and on two sides. All this ventilation contributes towards drying the excretion. In my plastic enclosures with minimal ventilation the liquid will begin to yellow and will often turn brown if I don't clean the inner surfaces. Sometimes people don't notice this liquid until it begins to change color and then they believe their mantis is directly excreting brown liquid. (other times the mantises do excrete brown liquid, but that's a different situation.)
Please note the spray patterns will vary with the size and shape of your cage and of course the distance the spray travels. This particular enclosure is 12 X 12 X 18 inches and the female was near the top. You can see that gravity settled the solid portions of the liquid towards the bottom as it dried. (there are also some water stains all over the glass).
So, I would imagine that it did happen because there was no additonal space in her gut and it's a lot quicker to evacuate liquids than solids.