- 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)