Mellanox Technologies Q1 EPS $2.590 Beats $1.710 Estimate, Sales $428.746M Beat $344.140M Estimate

Mellanox Technologies (NASDAQ:MLNX) reported quarterly earnings of $2.590 per share which beat the analyst consensus estimate of $1.710 by 51.46 percent. This is a 62.89 percent increase over earnings of $1.590 per share from the same period last year. The company reported quarterly sales of $428.746 million which beat the analyst consensus estimate of $344.140 million by 24.58 percent. This is a 40.47 percent increase over sales of $305.217 million the same period last year.