Mellanox Technologies (MLNX) Tops Q1 EPS by 5c

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Go back to Mellanox Technologies (MLNX) Tops Q1 EPS by 5c

Mellanox Achieves Record Quarterly Revenue in the First Quarter 2016

April 20, 2016 4:06 PM EDT

Quarterly revenue growth of 34.2 percent, year-over-year to $196.8 million, sets new record

Quarterly Ethernet revenues grew 98 percent year-over-year, including EZchip

Closed acquisition of EZchip Semiconductor Ltd.

SUNNYVALE, Calif. & YOKNEAM, Israel--(BUSINESS WIRE)-- Mellanox® Technologies, Ltd. (NASDAQ: MLNX) today announced financial results for its first quarter ended March 31, 2016.

We are pleased to report the fourth consecutive quarter of record revenue. Our profitability grew 37.2 percent year-over-year. During the quarter we closed the acquisition of EZchip Semiconductor Ltd. We see great promise in the combination of... More