Maxwell Technologies (MXWL) Misses Q2 EPS by 11c

Maxwell Technologies (NASDAQ: MXWL) reported Q2 EPS of ($0.30), $0.11 worse than the analyst estimate of ($0.19). Revenue for the quarter came in at $29.46 million versus the consensus estimate of $30.9 million.

GUIDANCE:

Maxwell Technologies sees Q3 2018 revenue of $32-36 million.

• Total revenue is expected to be in the range of $32 million to $36 million.
• Gross margin is expected to be 18.7%, plus or minus 150 basis points.
• Non-GAAP gross margin is expected to be 20.0%, plus or minus 150 basis points.
• GAAP operating expense is expected to be in the range of $15.4 million to $15.6 million.
• Non-GAAP operating expense is expected to be in the range of $12.8 million to $13.0 million.

For earnings history and earnings-related data on Maxwell Technologies (MXWL) click here.

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