Mellanox (MLNX) -28.7% AH after guiding on its Q3 earnings call for Q4 revenue of $145M-$150M,...
Wednesday, October 17, 2012, 5:49 PM ETMellanox (MLNX) -28.7% AH after guiding on its Q3 earnings call for Q4 revenue of $145M-$150M, below a $153.1M consensus. The InfiniBand switch/adapter card vendor had little margin for error after a huge 2012 run-up left it with steep multiples. Intel mentioned yesterday demand had weakened for high-end server CPUs, which Mellanox's products are often used with. The guidance could have some negative implications for Oracle's (ORCL) engineered system sales. (previous)
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