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Mellanox: 3Q Earnings Snapshot

YOKNEAM, Israel (AP) _ Mellanox Technologies Ltd. (MLNX) on Wednesday reported third-quarter earnings of $44.2 million.

The Yokneam, Israel-based company said it had net income of 78 cents per share. Earnings, adjusted for non-recurring costs, came to $1.69 per share.

The semiconductor company posted revenue of $335.3 million in the period.

Mellanox shares have climbed 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $112.05, an increase of 36% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MLNX at https://www.zacks.com/ap/MLNX