Maxwell Technologies (MXWL) Tops Q4 EPS by 1c

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Maxwell Reports Fourth Quarter And Full Year 2015 Results

February 16, 2016 4:06 PM EST

SAN DIEGO, Feb. 16, 2016 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL) today reported operational and financial results for the three months and year ended December 31, 2015. Total revenues for the fourth quarter of 2015 were $49.8 million, compared with $45.1 million for the third quarter of 2015 and $52.9 million for the prior year quarter. Fourth quarter ultracapacitor revenue was $37.3 million, an increase of 17% from the third quarter of 2015 and a decrease of 9% from the prior year quarter. The Company reported $3.9 million of adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) for the fourth quarter of 2015,... More

Maxwell Technologies Announces 3-Volt Addition to Industry-Leading Line of Large Ultracapacitor Cells

February 16, 2016 4:02 PM EST

SAN DIEGO, Feb. 16, 2016 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL), a leading developer and manufacturer of ultracapacitor-based energy storage and power delivery solutions, announced the newest addition to its K2 family with a 3-volt (3V), 3,000-farad ultracapacitor cell, now available in sample quantities. With 31 percent higher power than Maxwell's leading 2.7-volt, 3,000-farad cell in the industry-standard 60 mm cylindrical form factor, customers now have the flexibility to either increase available power and energy in the same volume or... More