Mellanox reports Q1 beats

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

Mellanox (NASDAQ:MLNX) reports Q1 beats with 22% Y/Y revenue growth. No guidance or earnings call because the company was acquired by Nvidia (NASDAQ: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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