Maxwell Technologies (MXWL) is having a great day today with a more than 15% surge after the company beat analyst estimates, posting robust quarter over quarter growth in the process. The company reported an EPS of .06 on revenues of $38.5 million vs the analyst estimate for .01 in EPS on revenue of $37 million. The company continues to experience rapid growth and that continued with quarter over quarter EPS and revenue growth of … Read the rest
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Maxwell Technologies (MXWL) Reports Increasing Demand For Ultracapacitor Cells For Hybrid Buses
Yesterday morning Maxwell Technologies (MXWL) reported that sales of its ultracapacitor cell modules for hybrid buses has picked up significantly this year. The company has shipped modules for more than 1000 buses so far this year and could ship components for 600 more by the end of the year. The ultracapacitor energy storage systems are used in recuperative breaking systems and deliver stored energy to electric motors for acceleration.
Friday’s Analyst Roundup: AIXG, RBCN, ENOC, BWA, MXWL
It’s always a real challenge to keep up during earnings season and I burned out a bit by Friday. I’ve got a bit of catching up to do today and I start with Friday’s analyst alerts. Hat tip to Street Insider for the analyst comments.
A couple calls on Rubicon Technology (RBCN), the emerging LED play, following its earnings report last week…
Canaccord Adams reiterated a Buy and raised the price target from $30 … Read the rest