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Maxwell Technologies: Guidance Up, Substance Disappoints
2014-11-02 15:52:29| Semiconductors - Topix.net
Maxwell Technologies held its third quarter earnings call Thursday, October 23, 2014, reporting lower revenues of $41.6 million driven by softer demand in the China bus market. In the second quarter revenue was $46 million and 2013 3rd quarter revenue was $51.2. But the stock advanced 7.6% to $10.64 Friday, as the company forecast revenue growth of 20 to 25 percent for the 4th quarter.
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Category:Electronics and Electrical