Seeking Alpha
Profile| Send Message| ()  

We may have passed the peak of the third quarter financial reporting season, but a wave of reports from Israeli companies still lies ahead. This week I expect positive surprises from three excellent companies that I hold in my portfolio: Mellanox Technologies Ltd. (Nasdaq:MLNX) on Wednesday; Radware Ltd. (Nasdaq: RDWR) also on Wednesday; and Ceva Inc. (Nasdaq:CEVA) on Thursday.

For Mellanox, this will be its first financial report since the company raised more than $100 million, and it is unlikely that it will disappoint its new investors. The most interesting statistic will be how important a customer Oracle Corp. (Nasdaq: ORCL) was in the third quarter, because it will be Mellanox's engine of growth in 2012.

Radware has already revealed its September results which met expectations. The share will react to its fourth quarter guidance and the results of the leader in this sector F5 Network Inc. (Nasdaq: FFIV), which will report several hours before Radware.

Ceva has successfully overcome the known obstacle that it will not receive royalties on iPhone 4S sales because it has a Qualcomm (QCOM) processor. On the other hand, the large fall in prices of previous iPhones will work in its favor, as will strong sales of cheap Nokia (NOK) handsets in the developing world, and Ceva's operations in China-- which will be strong engines of growth in 2012.

Published by Globes, Israel business news - www.globes-online.com - on October 25, 2011 Published on Seeking Alpha with permission © Copyright of Globes Publisher Itonut (1983) Ltd. 2011

Source: Earnings Preview: Mellanox, Radware And Ceva To Positively Surprise