Maxwell Technologies (MXWL) Tops Q3 EPS by 1c
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Maxwell Reports Third Quarter 2016 Results
November 1, 2016 4:15 PM EDTSAN DIEGO, Nov. 1, 2016 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL) today reported operational and financial results for the three months ended September 30, 2016. Total revenues for the third quarter of 2016 were $25.5 million, compared with $34.1 million for the second quarter of 2016 and $45.1 million for the prior year quarter. Net loss for the third quarter of 2016 was $6.9 million, compared with net income of $2.2 million for the second quarter of 2016 and a net loss of $1.4 million for the prior year quarter. The Company reported $(2.3) million of adjusted earnings before interest, taxes, depreciation and amortization (Adjusted... More
