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What: Shares of connectivity specialist Mellanox Technologies (Nasdaq: MLNX) have popped today, gaining as much as 17%, after the company reported fourth-quarter results.

So what: Sales added up to $72.7 million, leading to $0.31 per share in profit. Both numbers look particularly tall when standing next to the consensus estimates of $71.4 million and $0.29 per share in profit.

Now what: CEO Eyal Waldman called it a “record year for Mellanox,” driven by its ability to address increasing bandwidth and lower latency needs as well as “significantly” penetrating new markets. It was a record year in numerous ways, including fourth quarter revenue, operating income, net income, and operating cash flow. Full-year revenue jumped 68% to $259.3 million, also reaching uncharted territory for Mellanox.

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Fool contributor Evan Niu holds no position in any company mentioned. Click here to see his holdings and a short bio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.