Maxwell Technologies (MXWL) Tops Q1 EPS by 2c

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Go back to Maxwell Technologies (MXWL) Tops Q1 EPS by 2c

Maxwell Reports First Quarter 2016 Results

May 3, 2016 4:05 PM EDT

SAN DIEGO, May 3, 2016 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL) today reported operational and financial results for the three months ended March 31, 2016. Total revenues for the first quarter of 2016 were $35.2 million, compared with $49.8 million for the fourth quarter of 2015 and $34.7 million for the prior year quarter. The Company reported $(1.3) million of adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) for the first quarter of 2016, compared with $3.9 million for the fourth quarter of 2015 and $(4.9) million for the prior year quarter. Net loss for the first quarter of 2016 was $6.8 million, compared... More