TECHNOLOGY: EUROPE’S WOES DRAG ON NET INCOME
China Gives Maxwell A Welcome Sales Jolt
Monday, August 27, 2012
MAXWELL TECHNOLOGIES INC.
CEO: David Schramm.
Revenue: $157.3 million in 2011; $121.9 million in 2010.
Net income: $849,000 in 2011; net loss of $6 million in 2010.
No. of local employees: 250.
Headquarters: Kearny Mesa.
Year founded: 1965.
Stock symbol and exchange: MXWL on Nasdaq.
Company description: Designer and manufacturer of energy storage and power delivery products.
Key factors for success: Its key product, the ultracapacitor, is seeing strong demand in a number of industries including bus and rail transportation and wind generation.
Europe’s economy may be hurting, but China is still growing and that bodes well for Maxwell Technologies Inc...
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