Mellanox Technologies Q4 EPS $2.31 Beats $1.7 Estimate, Sales $380M Beat $335.6M Estimate

Mellanox Technologies (NASDAQ:MLNX) reported quarterly earnings of $2.31 per share which beat the analyst consensus estimate of $1.7 by 35.88 percent. This is a 62.68 percent increase over earnings of $1.42 per share

Benzinga · 01/29/2020 21:17

Mellanox Technologies (NASDAQ:MLNX) reported quarterly earnings of $2.31 per share which beat the analyst consensus estimate of $1.7 by 35.88 percent. This is a 62.68 percent increase over earnings of $1.42 per share from the same period last year. The company reported quarterly sales of $380 million which beat the analyst consensus estimate of $335.6 million by 13.23 percent. This is a 31.00 percent increase over sales of $290.07 million the same period last year.