Maxwell Technologies (MXWL) Misses Q2 EPS by 7c, Q3 Guidance Falls Short
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Maxwell Technologies (NASDAQ: MXWL) reported Q2 EPS of ($0.13), $0.07 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $34.1 million versus the consensus estimate of $35.08 million.
GUIDANCE:
Maxwell Technologies sees Q3 2016 revenue of $24-27 million, versus the consensus of $38.2 million.
- Gross margin for the third quarter of 2016 is expected to be in the range of 28% to 31%.
- Non-GAAP gross margin for the third quarter of 2016 is expected to be in the range of 29% to 32%.
- GAAP operating expense for the third quarter of 2016 is expected to be in the range of $13.8 million to $14.2 million.
- Non-GAAP operating expense for the third quarter of 2016 is expected to be in the range of $12.5 million to $12.9 million.
For earnings history and earnings-related data on Maxwell Technologies (MXWL) click here.
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