Needham & Company Trims Price Target on Mellanox (MLNX), Sticks With Buy Rating
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UPDATE: Mellanox Technologies, Ltd. (MLNX) Tops Q3 EPS by 24c; Issues Weak Q4 Revenue Outlook
October 17, 2012 4:08 PM EDT(Updated - October 17, 2012 5:31 PM EDT)
Mellanox Technologies, Ltd. (NASDAQ: MLNX) reported Q3 EPS of $1.37, $0.24 better than the analyst estimate of $1.13. Revenue for the quarter came in at $156.5 million versus the consensus estimate of $153.07 million.
Mellanox Technologies sees Q4 revenues of $145-$150 million,... More
