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Maxwell Technologies' (MXWL) CEO Franz Fink On Q2 2018 Results - Earnings Call Transcript

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Maxwell Technologies Inc. (NASDAQ:MXWL) Q2 2018 Earnings Conference Call August 6, 2018 5:00 PM ET


Kimberly Tom – Director-Investor Relations

Franz Fink – President and Chief Executive Officer

David Lyle – Chief Financial Officer


Kristen Owen – Oppenheimer

Craig Irwin – Roth Capital

Jed Dorsheimer – Canaccord Genuity

Jeff Osborne – Cowen and Company


Good afternoon. My name is [indiscernible], and I’ll be your conference operator today. At this time, I would like to welcome everyone to the Maxwell Technologies Q2 2018 Earnings Call. [Operator Instructions] Thank you.

Kimberly Tom, Director of Investor Relations, you may begin your conference.

Kimberly Tom

Good afternoon, everyone. Thanks for joining us, and welcome to Maxwell’s second quarter 2018 conference call. This call is being webcast live and together with the earnings release, is available on the Investor Relations section of our corporate website. The results and data we discuss today reflect the consolidated results of Maxwell Technologies. Statements about future expected events and financial results are forward-looking and subject to risks and uncertainties.

Our actual results may differ. Please refer to the risk factors detailed in our SEC filings and in today’s earnings release for further discussion. For anyone listening to a recorded or webcast replay or reviewing a written transcript, this conference call is dated August 6, 2018. The company disclaims any duty or obligation to update any forward-looking information, whether as a result of new information, future events or otherwise. During our call, we will discuss some non-GAAP measures, including non-GAAP gross margin, non-GAAP operating expense, non-GAAP interest expense, non-GAAP net loss per share and adjusted EBITDA, that when used in combination with GAAP results, provide us with additional analytical tools to understand our operations.

We believe that these measures provide useful information to management, our Board of Directors

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