Mellanox Technologies (Nasdaq: MLNX ) reported earnings on Jan. 23. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Mellanox Technologies met expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share grew significantly.
Margins expanded across the board.
Mellanox Technologies notched revenue of $122.1 million. The 15 analysts polled by S&P Capital IQ hoped for a top line of $121.8 million on the same basis. GAAP reported sales were 68% higher than the prior-year quarter's $72.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.69. The 14 earnings estimates compiled by S&P Capital IQ predicted $0.68 per share. GAAP EPS of $0.41 for Q4 were 273% higher than the prior-year quarter's $0.11 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 68.1%, 410 basis points better than the prior-year quarter. Operating margin was 19.6%, 1,760 basis points better than the prior-year quarter. Net margin was 15.1%, 870 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $131.2 million. On the bottom line, the average EPS estimate is $0.75.
Next year's average estimate for revenue is $586.1 million. The average EPS estimate is $3.52.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 192 members out of 217 rating the stock outperform, and 25 members rating it underperform. Among 59 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 52 give Mellanox Technologies a green thumbs-up, and seven give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Mellanox Technologies is outperform, with an average price target of $108.08.
Is Mellanox Technologies the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.