Mellanox Technologies (MLNX) Tops Q1 EPS by 88c, Revenues Beat
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Mellanox Delivers Record First Quarter 2020 Financial Results
April 23, 2020 4:05 PM EDTAchieved $429 million of revenue, up 13% vs. prior quarter and 40% year-over-year
GAAP operating margin 23.9%; Non-GAAP operating margin 34.1%
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 first quarter 2020.
Mellanox delivered record revenue and operating income in the first quarter of 2020. All our major product lines continued to grow. We are pleased to be shipping end-to-end solutions at speeds of 200... More
