EZchip Semiconductor (EZCH) Reports In-Line Q3 EPS
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EZchip Announces Record Third Quarter 2015 Results
November 5, 2015 8:03 AM ESTYOKNEAM, Israel, Nov. 5, 2015 /PRNewswire/ -- EZchip Semiconductor Ltd. (NASDAQ: EZCH), a leader in high-performance processing solutions for carrier and data center networks, today announced its results for the third quarter ended September 30, 2015.
Third Quarter 2015 Highlights:
Third quarter revenues of $30.7 million Gross margin reached 75.2% on a non-GAAP basis Gross margin reached 74.1% on a GAAP basis Net income was $11.5 million on a non-GAAP basis Net income was $5.2 million on a GAAP basis Operating cash flow of $12.2 million Net cash at end of... MoreEZchip Responds to Glass Lewis & Co Report
November 4, 2015 9:39 AM ESTYOKNEAM, Israel, November 4, 2015 /PRNewswire/ --
EZchip Semiconductor Ltd. ("EZchip" or the "Company") (NASDAQ: EZCH), a leader in high-performance processing solutions for carrier and data center networks, today issued the following statement in response to a report issued by Glass Lewis & Co. ("Glass Lewis") regarding the Merger Proposal with Mellanox Technologies, Ltd. ("Mellanox"). Â
Although we disagree with its conclusion, we note that Glass Lewis recognizes[1]:
CERTAINTY OF VALUE IN A CONSOLIDATING INDUSTRY: "From the onset, we recognize that the Company operates as a relatively... MoreEntropy, the Leading Independent Provider of Proxy Advisory Services in Israel, Joins ISS in Recommending That EZchip Shareholders Vote "FOR" the Merger Agreement With Mellanox Technologies,
November 3, 2015 7:00 AM ESTYOKNEAM, Israel, November 3, 2015 /PRNewswire/ --
Second Proxy Advisory Firm to Recommend a Vote "FOR" the Merger Proposal
Entropy Agrees That the Mellanox Transaction is Beneficial to ALL EZchip Shareholders
Board Urges Shareholders to Vote FOR the Merger Proposal with Mellanox
EZchip Semiconductor Ltd. ("EZchip" or the "Company") (NASDAQ: EZCH), a leader in high-performance processing solutions for carrier and... More
