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Article: Maxwell Technologies Reports 95 Percent Increase in Net Income Before Acquisition Charge; Company Reports Record Funded Backlog.
- Article from:
- Business Wire
- Article date:
- February 23, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN DIEGO--(BUSINESS WIRE)--Feb. 22, 1999--Maxwell Technologies Inc. (NMS:MXWL) announced today net income of $3,189,000 or $.32 per share on a diluted basis, before acquisition charges, for the second quarter ended Jan. 31, 1999.
This compares to net income of $1,633,000 or $.18 per share for the quarter ended Jan. 31, 1998, after giving effect to acquisitions. The acquisition charges relate primarily to the company's merger with Space Electronics Inc. (SEi) at the end of January 1999, and include acquisition-related legal fees and a transaction-based fee paid by SEi to consultants which SEi retained to manage the sale of their company. After recognition of the ...
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Article: Maxwell Technologies Reports Strong Fourth Quarter ...
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700+ words
... ... 18, 1997--Maxwell Technologies, Inc. (NASDAQ ... a year ago. Net income rose to $1 ... applications. -0- Maxwell Technologies, Inc. (MXWL ... 80,911,000 Net Income (Loss) $4 ... 22,068,000 Net Income $1,237,000 ... 1996. CONTACT: Maxwell Technologies, ...
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