Mellanox Technologies (MLNX) Tops Q4 EPS by 61c, Revenues Beat

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Mellanox Delivers Record Fourth Quarter and Annual 2019 Financial Results

January 29, 2020 4:05 PM EST

Achieved $380 million revenue in the fourth quarter, up 13% vs. prior quarter and 31% vs. prior year

Annual Revenue of $1.33 billion in 2019, up 22% vs. prior year

Annual GAAP operating income of $208 million and operating margin of 15.6%; Annual non-GAAP operating income of $384 million and operating margin of 28.9%

SUNNYVALE, Calif. & 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 fourth quarter and... More