Mellanox Reports Continued Growth and Record Revenues for Full-Year 2016
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Mellanox Technologies (MLNX) PT Lowered to $36 at Jefferies Following 4Q Miss
February 2, 2017 8:18 AM ESTJefferies lowered its price target on Mellanox Technologies (NASDAQ: MLNX) to $36.00 (from $37.00) while maintaining a Underperform rating. Q4 revenues totaled $222M, below the Street's $225M. EPS reached $0.82, missing the Street's $0.86 driven by the revenue miss.
Analyst James Kisner commented, "Q4 was a bit... More
Mellanox Technologies (MLNX) Misses Q4 EPS by 4c; Guides Below Views
February 1, 2017 4:20 PM ESTMellanox Technologies (NASDAQ: MLNX) reported Q4 EPS of $0.82, $0.04 worse than the analyst estimate of $0.86. Revenue for the quarter came in at $221.7 million versus the consensus estimate of $225.1 million.
GUIDANCE:
Mellanox Technologies sees Q1 2017 revenue of $200-210 million, versus the consensus of... More
