Wednesday, July 22, 2015

Mellanox Hits Record Revenue of $163 Million

Mellanox Technologies reported revenue of $163.1 million for the second quarter of 015, up 11.2 percent compared to $146.7 million in the first quarter of 2015. GAAP net income was $19.2 million, compared to $10.5 million in the first quarter of 2015.

“We are excited to achieve record quarterly revenues and anticipate continued revenue growth and record annual revenues for the full fiscal year 2015. Our InfiniBand solutions continue to take market share on the TOP500 list, and we now connect 51.4 percent of the systems,” said Eyal Waldman, president and CEO of Mellanox Technologies. “We expect 25 Gigabit Ethernet to be the new 10, 50 to be the new 40, and 100 Gigabit Ethernet to do the heavy-lifting for data intensive markets.”

http://www.mellanox.com

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