Maxwell Technologies (MXWL -37.6%) collapses after missing Q1 revenue estimates and providing...

|About: Maxwell Technologies, Inc. (MXWL)|By:, SA News Editor

Maxwell Technologies (MXWL -37.6%) collapses after missing Q1 revenue estimates and providing soft guidance: the ultracapacitor maker expects Q2 revenue of $40.8M-$41.9M and 2012 growth of 15%-20%, below a consensus of $47.1M and 28%. Needham is defending Maxwell, arguing recent weakness is simply due to a pause in demand from the Euro wind power and hybrid bus markets, and its long-term story is intact. (transcript)