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Maxwell Technologies Inc. Q1 adjusted earnings Inline With Estimates

Below are the earnings highlights for Maxwell Technologies Inc. (MXWL):

-Earnings: -$9.21 million in Q1 vs. -$10.40 million in the same period last year.
-EPS: -$0.25 in Q1 vs. -$0.32 in the same period last year.
-Excluding items, Maxwell Technologies Inc. reported adjusted earnings of -$5.82 million or -$0.16 per share for the period.
-Analysts projected -$0.16 per share
-Revenue: $28.42 million in Q1 vs. $26.69 million in the same period last year.

-Guidance:
Next quarter revenue guidance: $28 - $33 Mln

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First quarter growth data from China gained the maximum focus this week as trends in the massive emerging economy impact its trading partners. Elsewhere, the IMF released its latest global macroeconomic projections. Read our story to find out why comments from the Fed Chair Powell damped rate cut expectations. Meanwhile, there was some survey data that kindled hopes of a recovery in manufacturing. In the U.K., inflation data for March revealed some confusing trends.

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