Mellanox Posts Loss In Q4 - Quick Facts

(RTTNews) - Mellanox Technologies, Ltd. (MLNX) reported a fourth-quarter net loss of $7.3 million, or $0.17 per share, compared to net income of $18.4 million or $0.41 per share, a year ago. Non-GAAP net income was $9.7 million, or $0.21 per share, for the quarter.

On average, 15 analysts polled by Thomson Reuters expected the company to report per share of $0.21 for the quarter. Analysts' estimates typically exclude special items.

Revenue was $105.5 million, down 13.6 percent from $122.1 million, a year ago. Analysts expected revenue of $107.87 million for the quarter.