Mellanox (MLNX) -28.7% AH after guiding on its Q3 earnings call for Q4 revenue of $145M-$150M,...

|About: Mellanox Technologies, Ltd. (MLNX)|By:, SA News Editor

Mellanox (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)