Maxwell Technologies (MXWL) Tops Q3 EPS by 8c

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Go back to Maxwell Technologies (MXWL) Tops Q3 EPS by 8c

Maxwell Reports Third Quarter Results

October 29, 2015 4:06 PM EDT

SAN DIEGO, Oct. 29, 2015 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL) today reported operational and financial results for the three and nine months ended September 30, 2015. Total revenues for the third quarter of 2015 were $45.1 million, an increase of 19.3% from the second quarter of 2015 and an increase of 8.4% from the prior year quarter. Ultracapacitor revenue increased to $31.8 million, an increase of 35.6% from the second quarter of 2015 and an increase of 10.4% from the prior year quarter. The Company reported $3.8 million of adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) for the third quarter of... More