MAXWELL TECHNOLOGIES INC (MXWL) [Rocket]

In millions, except per share items	Mar-31-19	Sep-30-18	Jun-30-18	Mar-31-18	Dec-31-17	Sep-30-17	Jun-30-17	Mar-31-17
	10-Q	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q
Revenue		117.0	119.0	126.7	130.4	126.0	115.7	112.7
Revenue growth		-7.2%	2.9%	12.4%	7.5%	-12.9%	-29.6%	-32.9%
Cost of revenue		94.2	95.4	100.7	101.6	99.1	88.5	83.3
Gross profit (loss)		22.7	23.7	26.0	28.8	26.9	27.2	29.4
Gross margin		19.4%	19.9%	20.5%	22.1%	21.3%	23.5%	26.1%

Operating expenses:
Selling, general and administrative		36.2	41.7	44.0	45.8	45.9	39.7	35.8
Research and development		20.3	19.7	18.6	18.4	18.8	19.0	20.0
Restructuring and exit costs		0.0	1.3	1.2	2.3	2.2		1.1
Total operating expenses		56.8	62.9	64.0	66.7	68.2	61.0	58.3
Loss from operations		-34.0	-39.2	-38.0	-37.9	-41.3	-33.8	-28.8
Operating margin		-29.1%	-32.9%	-30.0%	-29.1%	-32.8%	-29.2%	-25.6%
Interest expense		-2.3	-1.2	-0.2	-1.4	-0.4	-0.3	-0.2
Other components of defined benefit plans, net		0.0	0.1	0.2	0.0	-0.4	-0.3	-0.2
Other income		-0.3	-0.3	-0.3	-0.2	0.0	-0.1	-0.1
Foreign currency exchange loss, net		0.6	0.5	0.3	0.3	0.0	0.1	0.2
Loss from continuing operations before income taxes		-39.0	-42.9	-40.7	-39.5	-41.2	-33.9	-22.4
Income tax provision		1.3	1.5	2.6	3.7	5.4	5.7	4.9
Loss from continuing operations				-10.5
Income from discontinued operations, net of income taxes				1.3
Net loss		-39.0	-43.1	-41.9	-43.1	-46.5	-39.5	-27.3

Net income (loss) per share - basic and diluted:
Continuing operations				0.0

Basic and diluted (in dollars per share)		($1.02)	($1.16)	($1.14)	($1.21)	($1.35)	($1.19)	($0.84)

Weighted average common shares outstanding:
Weighted average common shares outstanding, basic and diluted		38.4	37.0	36.4	35.1	34.2	32.9	32.0