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.