Mellanox Technologies, Ltd. (MLNX) is slated to report 3Q 2015 earnings after the markets close today. Wall Street analysts are on average expecting MLNX to post $167.83 million in sales during the quarter. This would show a 2.52% increase from the Q215 revenue of $163.7 million, and an increase of 39.05% from the same period in Q314. EPS in Q315 are expected to come in at $0.71, a growth rate of 86.84% from $0.38 per share a year earlier. Meanwhile, EarningsWhisper.com reports a whisper number of $0.79 per share.
As a quick reminder, MLNX reported Q215 EPS of $0.75, $0.13 better than the Street’s consensus estimate. Revs increased 59.55% on a YoY-basis to $163.7 million vs. the $157.83 million consensus.
MLNX shares recently gained $0.12 to $45.02. In the past 52 weeks, shares of Yokneam, Israel-based fabless semiconductor company have traded between a low of $32.24 and a high of $52.77. Shares are up 1.38% year-over-year and 5.08% year-to-date.
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