Mellanox Technologies (MLNX) Tops Q3 EPS by 13c, Beats on Revenues; Offers 4Q Revenue Outlook

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Mellanox Delivers Five Consecutive Quarters of Record Results

October 24, 2018 4:05 PM EDT

Record Quarterly Revenue of $279.2 million, Up 24% Year-Over-Year

Ethernet Revenue Up 59% Year-Over-Year as Market Share Gains Continue

Quarterly Non-GAAP Operating Margin of 26.2%

Year-to-Date Revenue Growth of 28% and Non-GAAP Operating Income Growth of 138%

SUNNYVALE, Calif. and YOKNEAM, Israel--(BUSINESS WIRE)-- Mellanox® Technologies, Ltd. (NASDAQ: MLNX), a leading supplier of high-performance, end-to-end interconnect solutions for data center servers and storage systems, today announced preliminary financial results for its third quarter 2018 ended September30, 2018.

Mellanox continues to execute and gain momentum in the markets we... More