Article: Maxwell Technologies Reports First Quarter Financial Results.

Ultracapacitor Revenue Up 64% as Top Line Grows by 38% vs. Q1 2007

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SAN DIEGO, May 6 /PRNewswire-FirstCall/ -- Maxwell Technologies, Inc. today reported revenue of $17.3 million for its first quarter ended March 31, 2008, an increase of 38 percent over the $12.6 million recorded in the same period in 2007. Operating loss for the first quarter 2008 was $3.4 million, compared with $4.5 million in the same period last year. First quarter 2008 net loss of $5.6 million, or $0.28 per share, compared with $4.0 million, or $0.24 per share, in the same period last year, was affected by ...

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