Maxwell (MXWL +4.4%) rallies after providing "unaudited financial highlights" for Q4 2012 and Q1...

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

Maxwell (MXWL +4.4%) rallies after providing "unaudited financial highlights" for Q4 2012 and Q1 2013, as it continues to work on restating past results. The company's invoiced shipments for Q4 and Q1 respectively totaled $41.9M and $46.6M, above a revenue consensus of $39.2M and $38.3M, with ultracapacitor shipments totaling $26.1M and $33.1M.  Maxwell's cash balance was $34.1M at the end of Q1, and its debt obligations $9.1M. The company adds it will increase contract assembly capacity for large-cell ultracapacitors by ~50% in Q3 to meet rising demand.