Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last €41.35 EUR
Change Today -0.273 / -0.66%
Volume 0.0
ZZE On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 3:00 AM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

mellanox technologies ltd (ZZE) Snapshot

Open
€41.35
Previous Close
€41.63
Day High
€41.63
Day Low
€41.35
52 Week High
04/22/15 - €46.00
52 Week Low
06/4/14 - €22.42
Market Cap
1.9B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
45.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MELLANOX TECHNOLOGIES LTD (ZZE)

mellanox technologies ltd (ZZE) Related Businessweek News

View More BusinessWeek News

mellanox technologies ltd (ZZE) 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 offers 40/56/100Gb/s InfiniBand solutions, including switch and gateway integrated circuits (ICs), adapter cards, cables, modules, and software, as well as switch, gateway, and long-haul systems; 10/40/56Gb/s Ethernet solution for use in EDC, HPC, embedded environments, hyperscale Web 2.0, and cloud data centers; and 10/25/40/50/56/100Gb/s Ethernet NICs. It also provides 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. In addition, the company supports server operating systems, including Linux, Windows, AIX, HPUX, Solaris, and VxWorks. Mellanox Technologies, Ltd. markets its products under the Mellanox, BridgeX, Connect-IB, ConnectX, CoolBox, CORE-Direct, GPUDirect, InfiniHost, InfiniScale, Kotura, Mellanox Federal Systems, Mellanox ScalableHPC, Mellanox Technologies Connect. Accelerate. Outperform, MetroX, MLNX-OS, PhyX, SwitchX, TestX, UFM, Virtual Protocol Interconnect, Switch-IB, 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 founded in 1999 and is based in Yokneam, Israel.

1,549 Employees
Last Reported Date: 03/2/15
Founded in 1999

mellanox technologies ltd (ZZE) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: $464.3K
Co-Founder and Chief Operating Officer
Total Annual Compensation: $303.9K
Co-Founder and Senior Vice President of Engin...
Total Annual Compensation: $269.4K
Chief Financial Officer and Corporate Control...
Total Annual Compensation: $300.0K
Senior Vice President of Worldwide Sales
Total Annual Compensation: $338.0K
Compensation as of Fiscal Year 2014.

mellanox technologies ltd (ZZE) Key Developments

Mellanox Technologies, Ltd. Announces Restatement Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reports Impairment Loss for the First Quarter Ended March 31, 2015

Mellanox Technologies, Ltd. announced restatement unaudited consolidated earnings results for the first quarter ended March 31, 2015. The company made an equity investment informed the company of its intent to discontinue operations. The investment is accounted for at cost in the company’s financial statements. As a result of this new information, the company recognized an impairment loss of $3.2 million from the investment, resulting in a decrease to its previously reported first quarter 2015 GAAP net income and earnings per share. As result, GAAP net income was $10,496,000 against GAAP net loss of $10,980,000 a year ago. Non-GAAP income from operations was $30,170,000 against $5,303,000 a year ago. GAAP diluted net income per share was $0.22 against GAAP diluted net loss per share of $0.25 a year ago. For the quarter, the company reported impairment loss on equity investment in a private company of $3,189,000.

Mellanox Technologies, Ltd. Announces Management Changes

Mellanox Technologies, Ltd. announced that Roni Ashuri, Senior Vice President of Engineering, and Shai Cohen, Chief Operating Officer, have indicated their intentions to retire to spend more time with their families. Both Mr. Ashuri and Mr. Cohen helped co-found Mellanox and have served as officers of the Company since its formation in May 1999. Mr. Ashuri’s and Mr. Cohen’s day-to-day employment with the Company will continue into the fourth quarter of 2015 as part of an orderly transition process.

Mellanox Technologies, Ltd. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter of 2015

Mellanox Technologies, Ltd. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. In accordance with U.S. generally accepted accounting principles (GAAP), the company reported revenue of $146.675 million for the first quarter, up 48.2% from $99.0002 million for the first quarter of 2014. GAAP net income in the first quarter of 2015 was $13.685 million, or $0.29 per diluted share, compared with net loss of $10.980 million, or $0.25 per diluted share in the first quarter of 2014. Non-GAAP net income in the first quarter of 2015 was $28.644 million, or $0.60 per diluted share, compared with $4.883 million, or $0.11 per diluted share in the first quarter of 2014. Income from operations was $15.211 million against loss from operations of $10.560 million last year. Income before taxes was $15.931 million against loss before taxes of $10.326 million last year. Net cash provided by operating activities was $45.795 million against $10.585 million last year. Purchase of property and equipment was $9.521 million against $5.818 million last year. The first quarter 2015 non-GAAP net income excludes $11.7 million of share-based compensation expense compared to $11.6 million in the first quarter of 2014. First quarter 2015 non-GAAP net income also excludes the amortization of intangible assets of $2.3 million and acquisition-related charges of $1.0 million, compared to amortization expenses of acquired intangible assets of $3.5 million, and $0.7 million of acquisition-related charges for the first quarter of 2014. The company provided earnings guidance for the second quarter of 2015. For the quarter, the company expects quarterly revenues of $155 million to $160 million and non-GAAP gross margins of 71% to 72%.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ZZE:GR €41.35 EUR -0.273

ZZE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Integrated Device Technology Inc $18.76 USD +0.57
Monolithic Power Systems Inc $52.92 USD +1.09
PMC-Sierra Inc $8.59 USD +0.16
Semtech Corp $23.65 USD +0.36
Silicon Laboratories Inc $52.26 USD +0.59
View Industry Companies
 

Industry Analysis

ZZE

Industry Average

Valuation ZZE Industry Range
Price/Earnings 100.0x
Price/Sales 4.2x
Price/Book 2.9x
Price/Cash Flow 3,290.6x
TEV/Sales 3.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MELLANOX TECHNOLOGIES LTD, please visit www.mellanox.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.