… And Updates Guidance for 3FQ15

Revenue from $165-$170 million to $169-$171 million

This is a Press Release edited by StorageNewsletter.com on October 2, 2015 at 3:21 pm

Mellanox Technologies, Ltd. has updated its third quarter 2015 financial guidance on the heels of its September 30, 2015, announcement that it has entered into a definitive agreement to acquire EZchip and the conclusion of its third quarter 2015.

The company updated the guidance for its revenue range for the quarter from $165 million to $170 million to $169 million to $171 million.

The company believes that it is tracking to mid-point or better of its previous guidance for non-GAAP gross margins. Non-GAAP operating expenses for the quarter are expected to increase towards the higher end of the company’s earlier guidance.

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