Post by Admin on Oct 20, 2015 13:44:19 GMT -5
MLNX guides higher:
"On Oct. 1, Mellanox offered updated Q3 guidance on the heels of the company's announcement that it plans to acquire EZchip (NASDAQ:EZCH). For Q3, Mellanox modeled $169 million to $171 million in revenue, up from a midpoint of $167.5 million.
For Q3, Wall Street models $168.7 million in revenue and 71 cents earnings per share ex items, up 40% and 154%, respectively, vs. the year-earlier quarter.
Nandury sees Mellanox grabbing an easy beat, "perhaps 1 cent to 3 cents (non-GAAP EPS).""
research.investors.com/quotes/nasdaq-mellanox-technologies-mlnx.htm
"On Oct. 1, Mellanox offered updated Q3 guidance on the heels of the company's announcement that it plans to acquire EZchip (NASDAQ:EZCH). For Q3, Mellanox modeled $169 million to $171 million in revenue, up from a midpoint of $167.5 million.
For Q3, Wall Street models $168.7 million in revenue and 71 cents earnings per share ex items, up 40% and 154%, respectively, vs. the year-earlier quarter.
Nandury sees Mellanox grabbing an easy beat, "perhaps 1 cent to 3 cents (non-GAAP EPS).""
research.investors.com/quotes/nasdaq-mellanox-technologies-mlnx.htm