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Mellanox reports Q1 beats

Apr. 16, 2019 4:29 PM ETMellanox Technologies, Ltd. (MLNX) StockBy: Brandy Betz, SA News Editor14 Comments
  • Mellanox (NASDAQ:MLNX) reports Q1 beats with 22% Y/Y revenue growth. No guidance or earnings call because the company was acquired by Nvidia (NVDA) last month.
  • Non-GAAP gross margin was 68% compared to 69% in last year's quarter.
  • Non-GAAP operating income was $86.3M or 28.3% of revenue compared to $52.1M and 20.8% last year.
  • Cash from operating activities totaled $88.4M and cash and investments were $552.6M.
  • Press release
  • Previously: Mellanox Technologies beats by $0.14, beats on revenue (April 16)

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Mellanox Technologies, Ltd.