FBN Securities Downgrades Mellanox Technologies (MLNX) to Sector Perform

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Cabling Issues Not Only Problem at Mellanox (MLNX)

January 3, 2013 11:58 AM EST

Yesterday Mellanox Technologies (NASDAQ: MLNX) announced that its fourth quarter revenue is projected to be in the range of $119 million to $121 million, below the company's previous guidance of $145 million to $150 million, and the consensus of $148.26 million. The shortfall is primarily the result of a weaker demand environment,... More

Mellanox Technologies (MLNX) Warns for Q4

January 2, 2013 4:08 PM EST

Mellanox Technologies, Ltd. (NASDAQ: MLNX) lowers outlook.

The company announced that its fourth quarter revenue is projected to be in the range of $119 million to $121 million, below the company's previous guidance of $145 million to $150 million, and the consensus of $148.26 million.... More