Last $45.34 USD
Change Today +0.14 / 0.31%
Volume 1.6M
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mellanox technologies ltd (MLNX) Snapshot

Open
$45.00
Previous Close
$45.20
Day High
$46.84
Day Low
$44.90
52 Week High
10/23/14 - $46.96
52 Week Low
06/3/14 - $30.58
Market Cap
2.0B
Average Volume 10 Days
1.5M
EPS TTM
$-0.56
Shares Outstanding
45.0M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MELLANOX TECHNOLOGIES LTD (MLNX)

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mellanox technologies ltd (MLNX) Details

Mellanox Technologies, Ltd., a fabless semiconductor company, designs, manufactures, and sells interconnect products and solutions. The company’s products are used for computing, storage, and communications applications in the high-performance computing, Web 2.0, storage, financial services, enterprise data center, and cloud markets. Its products facilitate data transmission between servers, storage systems, communications infrastructure equipment, and other embedded systems. The company provides solutions based on InfiniBand, including switch and gateway integrated circuits (ICs), adapter cards, cables, modules, and software, as well as switch, gateway, and long-haul systems. It also provides 10/40/56Gb/s Ethernet solution for use in EDC, HPC, embedded environments, and hyperscale Web 2.0 and cloud data centers. In addition, the company offers adapters to server, storage, communications infrastructure, and embedded systems original equipment manufacturers (OEMs) as ICs or standard card form factors with PCI express interfaces; and switch ICs to server, storage, communications infrastructure, and embedded systems OEMs to create switching equipment. Further, it supports server operating systems, including Linux, Windows, AIX, HPUX, Solaris, and VxWorks. Mellanox Technologies, Ltd. markets its products under the Mellanox, BridgeX, ConnectX, CORE-Direct, InfiniBridge, InfiniHost, InfiniScale, PhyX, SwitchX, Virtual Protocol Interconnect, MLNX-OS, UFM, and Voltaire trademarks. The company sells its products through its direct sales force, a network of sales representatives, and independent distributors worldwide. Mellanox Technologies, Ltd. was incorporated in 1999 and is headquartered in Yokneam, Israel.

1,403 Employees
Last Reported Date: 02/28/14
Founded in 1999

mellanox technologies ltd (MLNX) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: $526.0K
Co-Founder and Chief Operating Officer
Total Annual Compensation: $268.1K
Co-Founder and Senior Vice President of Engin...
Total Annual Compensation: $248.6K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $280.0K
Senior Vice President of Worldwide Sales
Total Annual Compensation: $315.5K
Compensation as of Fiscal Year 2013.

mellanox technologies ltd (MLNX) Key Developments

Mellanox Technologies, Ltd. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Fourth Quarter of 2014

Mellanox Technologies, Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported loss from operations of $1,100,000, loss before taxes of $739,000, net income of $428,000 or $0.01 basic and diluted loss per share on total revenues of $120,708,000 against loss from operations of $5,287,000, loss before taxes of $4,805,000, net loss of $5,885,000 or $0.14 basic and diluted loss per share on total revenues of $104,067,000 for the same period a year ago. Non-GAAP net income was $17,994,000, income from operations was $16,466,000 against non-GAAP net income of $12,583,000, income from operations of $13,181,000 for the same period a year ago. Non-GAAP diluted income per share was $0.38 against $0.28 for the same period a year ago. Cash provided by operating activities during the third quarter was $17.2 million compared to $7.3 million in the second quarter of 2014. For the nine months, the company reported loss from operations of $21,590,000, loss before taxes of $20,638,000, net loss of $20,049,000 or $0.45 basic and diluted loss per share on total revenues of $321,987,000 against loss from operations of $12,739,000, loss before taxes of $11,812,000, net loss of $15,904,000 or $0.37 basic and diluted loss per share on total revenues of $285,315,000 for the same period a year ago. Non-GAAP net income was $29,140,000, income from operations was $27,599,000 against non-GAAP net income was $30,842,000 and income from operations was $34,007,000 for the same period a year ago. Non-GAAP diluted income per share was $0.63 against $0.68 for the same period a year ago. Net cash provided by operating activities was $35,031,000 against $21,277,000 for the same period a year ago. Purchase of property and equipment was $21,228,000 against $24,050,000 for the same period a year ago. The company provided earnings guidance for the fourth quarter of 2014. For the fourth quarter of 2014, the company expects non-GAAP results as: quarterly revenues of $133 million to $137 million. Non-GAAP gross margins of 69% to 70%. An increase in non-GAAP operating expenses of 4% to 6%.

Mellanox Technologies, Ltd. Ethernet Solutions Selected for New HP 64-bit ARM Data Center Platform

Mellanox Technologies, Ltd. announced that its ConnectX-3 Pro 10Gb/s Ethernet adapters with RoCE are integrated on the motherboard (LoM) in the new HP ProLiant m400 server cartridge. The HP Moonshot System combines an advanced 64-bit ARM CPU with high performance Mellanox ConnectX-3 Pro 10Gb/s Ethernet adapters to deliver balanced compute, memory and I/O resources in a dense and efficient form factor. Mellanox 10/40GbE adapters deliver the high performance and most efficient Ethernet solution available, as well as end-to-end latency. Furthermore, ConnectX-3 Pro-based adapters support RDMA over Converged Ethernetv2 (RoCEv2). This advanced Remote Direct Memory Access (RDMA) technology offloads the data transport to free up the CPU to perform data intensive web, cloud and data analytics applications. The HP ProLiant m400 server, taking advantage of the advanced message acceleration capabilities of the ConnectX-3 Pro 10Gb/s Ethernet adapter, is ideal for scale-out workloads such as Memcached and distributed web servers, and is optimized for application infrastructure including Canonical Ubuntu LAMP stack, Java, PHP, Perl, and Python.

Mellanox(R) Technologies, Ltd. Introduces New Ethernet Switches to Provide Enhanced Features and Performance for Hyperscale and Cloud Data Centers

Mellanox(R) Technologies, Ltd. announced the addition of three new top-of-rack Open Ethernet(TM) software-defined networking (SDN) switches to its 10/40/56 Gigabit Ethernet switch product portfolio. Based on Mellanox's SwitchX(R)-2 switch ICs, the new SX1400, SX1700 and SX1710 Ethernet switches provide enhanced control plane capabilities and allow for the design of hyperscale data center networks and control-intensive cloud applications. Furthermore, the new Open Ethernet switches provide a platform that can accommodate user applications as virtual machines hosted and executed by the switches' dual and quad core CPUs. The new capability enables users to optimize their data center networking infrastructure to their needs and to maximize their application performance. Application developers can take advantage of the programmable environment for differentiation and to better serve their users. Network administrators can utilize the switch instead of dedicated servers for serving their network needs, hence reducing their OPEX and CAPEX. The SX1400 is an optimized top-of-rack switch providing non-blocking throughput. With a quad core processor and 48 10GbE SFP+ ports and 12 40/56GbE uplink QSFP+ ports, it features an ultra-low latency of 250ns. The SX1700 high performance TOR switch has a quad core processor and delivers up to 4.03Tb/s of non-blocking throughput. The SX1710 high density TOR switch has a dual core processor and up to 64 10GbE SFP+ ports or 36 40/56GbE QSFP ports. The SX1700 and SX1710 switches are ideal solutions for connectivity to servers and uplinks to the next level of aggregation switching. The new systems run on the MLNX-OS(R) software and are fully compatible with the existing Mellanox systems and other standard Ethernet switches, providing existing users interoperability with their active installations.

 

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