Maxwell Technologies (NAS: MXWL) reported earnings on Oct. 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Maxwell Technologies met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share expanded significantly.
Margins expanded across the board.
Maxwell Technologies recorded revenue of $43.9 million. The 12 analysts polled by S&P Capital IQ expected revenue of $44.3 million on the same basis. GAAP reported sales were 6.8% higher than the prior-year quarter's $41.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.21. The six earnings estimates compiled by S&P Capital IQ forecast $0.11 per share. GAAP EPS of $0.19 for Q3 were much higher than the prior-year quarter's $0.01 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 41.8%, 150 basis points better than the prior-year quarter. Operating margin was 13.5%, 1,050 basis points better than the prior-year quarter. Net margin was 12.3%, 1,160 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $52.2 million. On the bottom line, the average EPS estimate is $0.17.
Next year's average estimate for revenue is $176.8 million. The average EPS estimate is $0.47.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 386 members out of 420 rating the stock outperform, and 34 members rating it underperform. Among 70 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 55 give Maxwell Technologies a green thumbs-up, and 15 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Maxwell Technologies is outperform, with an average price target of $9.43.
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The article Maxwell Technologies Beats Analyst Estimates on EPS originally appeared on Fool.com.
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