We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Mellanox Technologies Ltd | NASDAQ:MLNX | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 124.89 | 125.75 | 124.91 | 0 | 01:00:00 |
From May 2019 to May 2024
By Mary de Wet
Mellanox Technologies Ltd. (MLNX) said its earnings rose 29% in the first quarter as the company prepares to be bought by NVIDIA Corp. (NVDA).
The maker of technologies that connect computers in data centers reported a net profit of $48.6 million, or 87 cents per share, up from $37.8 million, or 71 cents a share, in the same quarter a year ago. Analysts had expected earnings of 81 cents a share.
Revenue was $305.2 million, up 22% from a year ago and above analysts' expectations of $300 million. The company had previously said it expected revenue of $295 million to $305 million.
Mellanox didn't give any forward guidance because NVIDIA is in the process of buying the company for $125 per share in cash, a deal that was announced on March 11. Mellanox shares ended Tuesday at $119.32 on Nasdaq.
Write to Mary de Wet at mary.dewet@dowjones.com
(END) Dow Jones Newswires
April 16, 2019 17:08 ET (21:08 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Mellanox Technologies Chart |
1 Month Mellanox Technologies Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
