Press Releases

Press Releases

For an archive of all press releases visit our investors page
DateTitle
4/18/2018 Maxwell Technologies Reports Preliminary First Quarter 2018 Revenue

SAN DIEGO, April 18, 2018 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL), a leading developer and manufacturer of capacitor-based energy storage and power delivery solutions, today announced preliminary unaudited revenue results for the first quarter of 2018.

3/14/2018 Maxwell Technologies Announces Date for 2018 Annual Meeting of Stockholders

SAN DIEGO, March 14, 2018 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL), a leading developer and manufacturer of capacitor-based energy storage and power delivery solutions, announced today that the 2018 Annual Meeting of Stockholders will be held on Tuesday, May 15, 2018. The meeting will be held at 11:00 a.m. PT at the company's headquarters, located at 3888 Calle Fortunada, San Diego, CA 92123. Pursuant to the Company's bylaws, the deadline for properly presented stockholder proposals, including director nominations, is March 16, 2018. Shareholders of record as of March 23, 2018, will be entitled to notice of, and to attend and vote at, the annual meeting.

3/5/2018 Maxwell Announces Participation in the 30th Annual ROTH Conference

SAN DIEGO, March 5, 2018 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL) announced today that Dr. Franz Fink, President and Chief Executive Officer, will present at the 30th Annual ROTH Conference to be held at The Ritz-Carlton in Dana Point, California. The presentation is scheduled to take place on Monday, March 12 beginning at approximately 11:30 a.m. Pacific Time.

2/15/2018 Maxwell Reports Fourth Quarter and Full Year 2017 Results

SAN DIEGO, Feb. 15, 2018 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL) today reported financial results for the three months and full year ended December 31, 2017. Total revenues for the fourth quarter of 2017 were $30.8 million, compared with $35.8 million for the third quarter of 2017 and $26.4 million for the prior year quarter. Net loss for the fourth quarter of 2017 was $8.8 million, compared with a net loss of $13.9 million for the third quarter of 2017 and a net loss of $12.2 million for the prior year quarter. The Company reported $(1.8) million of adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) for the fourth quarter of 2017, compared with $(2.1) million for the third quarter of 2017 and $(3.9) million for the prior year quarter. Non-GAAP net loss for the fourth quarter of 2017 was $5.3 million, compared with a non-GAAP net loss of $4.9 million for the third quarter of 2017 and $7.5 million for the prior year quarter.

2/1/2018 Maxwell Announces Fourth Quarter 2017 Earnings Release Date

SAN DIEGO, Feb. 1, 2018 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL) announced today that it plans to release financial and operational results for the fourth quarter 2017 after market close on Thursday, February 15, 2018. Following the release, Maxwell management will host a conference call with a live webcast to discuss these results. Other forward-looking and material information may also be discussed during this call.

1/8/2018 Maxwell Announces Participation in the 20th Annual Needham Growth Conference

SAN DIEGO, Jan. 8, 2018 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL) announced today that Dr. Franz Fink, President and Chief Executive Officer, will present at the 20th Annual Needham Growth Conference to be held at the Lotte New York Palace Hotel in New York, New York. The presentation is scheduled to take place on Wednesday, January 17 beginning at approximately 10:00 a.m. Eastern Time.

11/8/2017 Maxwell Reports Third Quarter 2017 Results

SAN DIEGO, Nov. 8, 2017 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL) today reported financial results for the three months ended September 30, 2017. Total revenues for the third quarter of 2017 were $35.8 million, compared with $37.1 million for the second quarter of 2017 and $25.5 million for the prior year quarter. Net loss for the third quarter of 2017 was $13.9 million, compared with a net loss of $10.1 million for the second quarter of 2017 and a net loss of $6.9 million for the prior year quarter. The Company reported $(2.1) million of adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) for the third quarter of 2017, compared with $(1.8) million for the second quarter of 2017 and $(2.3) million for the prior year quarter. Non-GAAP net loss for the third quarter of 2017 was $4.9 million, compared with a non-GAAP net loss of $5.5 million for the second quarter of 2017 and $5.6 million for the prior year quarter. Non-GAAP financial measures are described and defined later in this release.

10/24/2017 Maxwell Announces Third Quarter 2017 Earnings Release Date

SAN DIEGO, Oct. 24, 2017 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL) announced today that it plans to release financial and operational results for the third quarter 2017 after market close on Wednesday, November 8, 2017. Following the release, Maxwell management will host a conference call with a live webcast to discuss these results. Other forward-looking and material information may also be discussed during this call.

10/12/2017 Maxwell Announces Full $6.0 Million Exercise of Convertible Notes Over-Allotment Option

SAN DIEGO, Oct. 12, 2017 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL) ("Maxwell"), a leading developer and manufacturer of capacitor energy storage and power delivery solutions, announced the sale of an additional $6.0 million in aggregate principal amount of its 5.50% convertible senior notes due 2022 (the "additional notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), pursuant to the initial purchaser's exercise of their option to purchase additional notes. The sale of the additional notes settled on October 11, 2017 and the additional notes were sold on the same terms in all respects as the 5.50% convertible senior notes due 2022 previously issued on September 25, 2017 (the "base notes" and, together with the additional notes, the "notes"). Maxwell has issued a total of $46.0 million aggregate principal amount of the notes.

9/21/2017 Maxwell Announces Pricing of $40 Million of 5.50% Convertible Senior Notes Due 2022

SAN DIEGO, Sept. 20, 2017 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL) ("Maxwell"), a leading developer and manufacturer of capacitor energy storage and power delivery solutions, today announced the pricing of its offering of $40 million aggregate principal amount of 5.50% Convertible Senior Notes due 2022 (the "notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Maxwell also granted to the initial purchaser of the notes a 30-day option to purchase up to an additional $6.0 million aggregate principal amount of the notes. The sale of the notes to the initial purchaser is expected to settle on September 25, 2017, subject to customary closing conditions, and is expected to result in approximately $37.4 million in net proceeds to Maxwell after deducting fees and estimated offering expenses payable by Maxwell (assuming no exercise of the initial purchaser's option to purchase additional notes).

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