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Maxwell Technologies: 3rd quarter results 03-11-06

Maxwell Technologies reported a net loss of $5.4 million, on revenue of $14.0 million for its third quarter 2006, compared with a net loss of $1.3 million on revenue of $12.0 million for the same period in 2005. The current quarter loss includes $2.0 million, of amortization related to convertible debentures, compensation expense for stock options and restricted stock grants and provisions for discontinued operations. The ultracapacitor revenue increased by 41 percent, quarter-to-quarter.

 
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