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Last €4.43 EUR
Change Today -0.115 / -2.53%
Volume 0.0
MXW On Other Exchanges
As of 3:09 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

maxwell technologies inc (MXW) Snapshot

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11/3/14 - €9.37
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maxwell technologies inc (MXW) Details

Maxwell Technologies, Inc., together with its subsidiaries, develops, manufactures, and markets energy storage and power delivery products worldwide. The company offers ultracapacitors, which are energy storage devices that provide energy storage and power delivery solutions for applications in transportation, automotive, information technology, renewable energy, and industrial electronics industries. It also provides CONDIS high-voltage capacitors, including grading and coupling capacitors, and electronic voltage transformers that are used to ensure the safety and reliability of electric utility infrastructure and other applications involving transport, distribution, and measurement of high-voltage electrical energy. In addition, the company offers radiation-hardened microelectronic products consisting of single board computers and components, such as high-density memory and data conversion modules for satellites and spacecraft applications. It markets and sells its products through direct and indirect sales channels to integrators and original equipment manufacturers for use in a range of end products. The company was formerly known as Maxwell Laboratories, Inc. and changed its name to Maxwell Technologies, Inc. in 1996. Maxwell Technologies, Inc. was founded in 1965 and is headquartered in San Diego, California.

452 Employees
Last Reported Date: 02/12/15
Founded in 1965

maxwell technologies inc (MXW) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: $321.2K
Compensation as of Fiscal Year 2014.

maxwell technologies inc (MXW) Key Developments

Peterbilt Motors Company Offering Maxwell's Ultracapacitor-Powered Engine Start Module on New Model 579 and 567 Trucks

Maxwell Technologies, Inc. announced that Peterbilt Motors Company, is now offering Maxwell's ultracapacitor-powered Engine Start Module (ESM) on new Model 579 and 567 trucks as a factory-installed option. Maxwell's ESM enables fleets to give their drivers the superior starting reliability they demand while increasing payload. The ultracapacitor replaces one traditional battery reducing weight by up to 60 pounds and is dedicated to starting the vehicle. This means power is always available to start the vehicle, reducing unplanned downtime. Maxwell's field-proven ESM gives truck operators assurance their engines will start reliably, especially for operations with multiple starts and stops per day or that use the lift gate or other auxiliary battery-powered equipment while the truck is off. Additionally, the ultracapacitor is not affected by hotel loads " lights, HVAC, television and other in-cab or sleeper-powered devices " which can drain power during extended use.

China Railway Rolling Stock Chooses Maxwell Technologies as Energy Storage Supplier

Maxwell Technologies has signed a long-term strategic partnership agreement with China Railway Rolling Stock. The agreement will examine multi-year collaboration activities between the two companies to jointly develop new application-specific, next-generation capacitive energy storage solutions that meet the application requirements of CRRC-SRI's customers in the Chinese rail market.

Maxwell Technologies Provides Earnings Guidance for the Third Quarter of 2015

Maxwell Technologies provided earnings guidance for the third quarter of 2015. For the third quarter, the company expects topline revenue to be in the range of $39 million to $43 million, an 8% sequential increase at the midpoint of guidance. The company expects revenue improvement, primarily from the wind, grid and China bus market. The company expects non-GAAP gross margin to be in the range of 32% to 34%, depending on product mix. At the midpoint of guidance, the company expects non-GAAP EBITDA to be a positive $2.4 million. At the midpoint of guidance, the company expects the non-GAAP loss per share of $0.04. The company’s GAAP loss per share at the midpoint of guidance is expected to be $0.10. The company expects cash generated from operations to be offset by a $6 million paydown of bank debt, which was already completed on July 3, 2015; and a cash restructuring outflow of about $500,000.


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