Inactive Instrument

Mellanox Technologies, Ltd.

IL0011017329

Mellanox Technologies, Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019

October 30, 2019 at 04:05 pm EDT

Mellanox Technologies, Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was USD 335.251 million compared to USD 279.211 million a year ago. Operating income was USD 48.862 million compared to USD 39.533 million a year ago. Net income was USD 44.179 million compared to USD 37.057 million a year ago. Basic earnings per share was USD 0.8 compared to USD 0.7 a year ago. Diluted earnings per share was USD 0.78 compared to USD 0.68 a year ago. For the nine months, sales was USD 950.792 million compared to USD 798.673 million a year ago. Operating income was USD 135.702 million compared to USD 68.072 million a year ago. Net income was USD 131.228 million compared to USD 91.426 million a year ago. Basic earnings per share was USD 2.4 compared to USD 1.74 a year ago. Diluted earnings per share was USD 2.33 compared to USD 1.68 a year ago.

Latest news about Mellanox Technologies, Ltd.

Mellanox Technologies, Ltd. Announces Management Changes	20-04-27	CI
Mellanox Technologies, Ltd.(NasdaqGS:MLNX) dropped from S&P Global BMI Index	20-04-27	CI
NVIDIA Corporation completed the acquisition of Mellanox Technologies, Ltd. from Eyal Waldman and others.	20-04-26	CI
NVIDIA Receives All Approval for Mellanox Acquisitions	20-04-23	CI
Mellanox Technologies, Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020	20-04-23	CI
Mellanox Technologies : Nvidia gets China's go-ahead for $6.9 billion Mellanox deal	20-04-16	RE
Mellanox Delivers Spectrum-3 Based Ethernet Switches - First 12.8 Tbps Networking Platforms Optimized for Cloud, Storage, and AI	20-03-09	CI
Mellanox Technologies, Ltd. completed the acquisition of Titan IC Systems Ltd.	20-03-05	CI
Mellanox Technologies, Ltd. entered into a definitive agreement to acquire Titan IC Systems Ltd.	20-03-02	CI
Mellanox Technologies, Ltd. ConnectX-6 Dx SmartNICs and BlueField-2 I/O Processing Units Transform Cloud and Data Center Security	20-02-24	CI
Nvidia forecast tops expectations on cloud sales despite coronavirus hit	20-02-13	RE
Mellanox Technologies, Ltd. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2019	20-01-29	CI
OpenStack Software Adds Native Upstream Support for HDR 200 Gigabit InfiniBand for Building High-Performance Clouds	20-01-20	CI
200G HDR InfiniBand to Accelerate the New European Centre for Medium-Range Weather Forecasts Supercomputer	20-01-13	CI
Baidu : Nvidia, Mellanox Technologies win EU approval for $6.8 billion deal	19-12-19	RE
Exclusive: Nvidia to win unconditional EU okay for $6.8 billion Mellanox buy - sources	19-12-18	RE
Exclusive: Nvidia to win unconditional EU okay for $6.8 billion Mellanox buy - sources	19-12-18	RE
Mellanox Technologies : U.S. chipmaker Nvidia offers no concessions to EU to ease through $6.8 billion Mellanox deal	19-12-13	RE
Mellanox Technologies, Ltd. 200 Gigabit HDR InfiniBand Advances Innovations in High-Performance Computing and Artificial Intelligence	19-11-21	CI
Mellanox Technologies, Ltd. Announces HDR InfiniBand Selected by Meteo France to Accelerate Two New Large Scale Supercomputers	19-11-20	CI
Beijing Meteorological Service Selects 200 Gigabit HDR InfiniBand to Accelerate New Supercomputing Platform	19-11-19	CI
Mellanox Technologies, Ltd. Announces 200 Gigabit HDR Infiniband to Accelerate Eni Supercomputing Platform	19-11-19	CI
IT4Innovations National Supercomputing Center Selects Mellanox 200G HDR InfiniBand to Accelerate their New Research Infrastructure	19-11-19	CI
Mellanox Technologies, Ltd. Announces Microsoft Azure Is Offering 200 Gigabit HDR InfiniBand to Connect Their New Cloud Instances, Increasing Scalability and Efficiency of High Performance Computing	19-11-18	CI
Fujitsu Selects InfiniBand to Accelerate their New Arm-Based PRIMEHPC FX700 Supercomputer Platform	19-11-18	CI

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Company Profile

Mellanox Technologies, Ltd. is a fabless semiconductor company. The Company is an integrated supplier of interconnect products and solutions based on the InfiniBand and Ethernet standards. The Company operates in the development, manufacturing, marketing and sales of interconnect products segment. Its products facilitate data transmission between servers, storage systems, communications infrastructure equipment and other embedded systems. It operates its business globally and offers products to customers at various levels of integration. The products it offers include integrated circuits (ICs), adapter cards, switch systems, multi-core and network processors, cables, modules, software, services and accessories. Together these products form a networking solution, focused on computing, storage and communication applications used in multiple markets, including high-performance computing (HPC), cloud, Web 2.0, storage, financial services, and enterprise data center (EDC).

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