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Mellanox Technologies Ltd (MLNX.OQ)

MLNX.OQ on NASDAQ Stock Exchange Global Select Market

88.35USD
20 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Mellanox Technologies Reports Q4 Non-GAAP Earnings of $0.82/Share
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Mellanox Technologies Ltd ::MELLANOX ACHIEVES RECORD QUARTERLY AND ANNUAL REVENUES; FORECASTS STRONG 2018.Q4 NON-GAAP EARNINGS PER SHARE $0.82.Q4 GAAP LOSS PER SHARE $0.05.QUARTERLY REVENUE ROSE 7 PERCENT TO $238 MILLION.Q4 EARNINGS PER SHARE VIEW $0.68 -- THOMSON REUTERS I/B/E/S.SEES ‍NON-GAAP GROSS MARGINS OF 68.5 PERCENT TO 69.5 PERCENT FOR Q1 2018​.SEES Q1 2018 REVENUE $222 MILLION TO $232 MILLION.SEES ‍REVENUES OF $970 MILLION TO $990 MILLION FOR FY 2018​.SEES ‍NON-GAAP GROSS MARGINS OF 68.0 PERCENT TO 69.0 PERCENT FOR FY 2018​.Q4 REVENUE VIEW $235.5 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 REVENUE VIEW $971.0 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Mellanox Discontinuing 1550NM Silicon Photonics Development Activities
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Mellanox Technologies Ltd ::MELLANOX DISCONTINUING 1550NM SILICON PHOTONICS DEVELOPMENT ACTIVITIES.MELLANOX TECHNOLOGIES LTD - ‍COMPANY INTENDS TO RETAIN SILICON PHOTONICS INTELLECTUAL PROPERTY​.MELLANOX TECHNOLOGIES - ‍EXPECTS THERE WILL BE NO IMPACT FOR VARIABLE OPTICAL ATTENUATORS PRODUCT,CO WILL CONTINUE TO SELL TO,SUPPORT VOA CUSTOMERS​.MELLANOX TECHNOLOGIES LTD - ‍DISCONTINUATION OF CO'S 1550NM SILICON PHOTONICS DEVELOPMENT ACTIVITIES NOT EXPECTED TO HAVE IMPACT ON 2018 REVENUES​.MELLANOX - ‍DISCONTINUATION OF 1550NM SILICON PHOTONICS DEVELOPMENT TO RESULT IN EXPECTED 2018 NON-GAAP OPERATING EXPENSE SAVINGS OF $26 MILLION-$28 MILLION​.MELLANOX TECHNOLOGIES LTD - ‍DISCONTINUATION OF CO'S 1550NM SILICON PHOTONICS DEVELOPMENT WILL RESULT IN ESTIMATED CHARGE OF $21 MILLION TO $24 MILLION​.MELLANOX TECHNOLOGIES LTD - ‍EXPECTS TO RECOGNIZE MOST OF RESTRUCTURING CHARGES IN Q1 OF 2018​.MELLANOX TECHNOLOGIES LTD - ‍DISCONTINUATION OF 1550NM SILICON PHOTONICS DEVELOPMENT TO RESULT IN REDUCTION IN FORCE OF ABOUT 100 PEOPLE​.  Full Article

Starboard Delivers Letter To Mellanox CEO And Board Of Directors
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Mellanox Technologies Ltd ::STARBOARD DELIVERS LETTER TO MELLANOX CEO AND BOARD OF DIRECTORS.STARBOARD VALUE LP SAYS HAS OWNERSHIP INTEREST OF APPROXIMATELY 10.7% OF MELLANOX'S OUTSTANDING SHARES​.STARBOARD VALUE SAYS RECENTLY ANNOUNCED 2018 TARGETS OF MELLANOX ARE "INSUFFICIENT AND TOO HEAVILY RELIANT ON REVENUE GROWTH".STARBOARD VALUE SAYS APPRECIATIVE OF CONSTRUCTIVE DIALOGUE WITH MELLANOX TO DATE BUT "EXPECTS SUBSTANTIAL CHANGE IS NEEDED TO DRIVE IMPROVED RESULTS".  Full Article

Mellanox Sees Low To Mid-Teens Revenue Growth In 2018
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Mellanox Technologies Ltd ::MELLANOX TECHNOLOGIES SEES LOW TO MID-TEENS REVENUE GROWTH IN 2018 - PRESENTATION.FY2018 REVENUE VIEW $967.6 MILLION -- THOMSON REUTERS I/B/E/S.MELLANOX TECHNOLOGIES SEES 2018 GROSS MARGIN 68 PERCENT - 69 PERCENT.MELLANOX TECHNOLOGIES SEES 50 PERCENT Y-O-Y OPERATING. INCOME GROWTH IN 2018.  Full Article

Mellanox Q3 non-GAAP earnings per share $0.71
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Mellanox Technologies Ltd ::Mellanox achieves record quarterly revenue in the third quarter 2017.Q3 non-GAAP earnings per share $0.71.Q3 GAAP earnings per share $0.07.Sees q4 2017 revenue $230 million to $240 million.Q3 revenue $225.7 million versus i/b/e/s view $226.8 million.Q3 earnings per share view $0.64 -- Thomson Reuters I/B/E/S.Sees q4 quarterly revenues of $230 million to $240 million‍​.Q4 revenue view $240.4 million -- Thomson Reuters I/B/E/S.  Full Article

Mellanox achieves record second-quarter revenue
Wednesday, 20 Jul 2016 

Mellanox Technologies Ltd : Mellanox achieves record quarterly revenue in the second quarter 2016 . Q2 non-gaap earnings per share $0.87 . Q2 gaap earnings per share $0.09 . Sees q3 2016 revenue $221 million to $227 million . Q2 revenue $214.8 million versus i/b/e/s view $212.9 million . Q2 earnings per share view $0.83 -- Thomson Reuters I/B/E/S .Sees q3 non-gaap gross margins of 71 percent to 72 percent.  Full Article

UPDATE 2-Mellanox, Starboard settle on new board members

NEW YORK, June 19 Chipmaker Mellanox Technologies Ltd struck a settlement with activist investor Starboard Value LP to appoint new board members and name a director if the company fails to meet certain operating goals.