Mellanox Technologies (Nasdaq: MLNX) reported earnings on Oct. 17. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Sep. 30 (Q3), Mellanox Technologies beat expectations on revenues and crushed expectations on earnings per share.

Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share expanded significantly.

Margins increased across the board.

Revenue details
 Mellanox Technologies logged revenue of $156.5 million. The 15 analysts polled by S&P Capital IQ predicted net sales of $153.0 million on the same basis. GAAP reported sales were much higher than the prior-year quarter's $68.2 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $1.37. The 15 earnings estimates compiled by S&P Capital IQ anticipated $1.12 per share. GAAP EPS of $1.09 for Q3 were much higher than the prior-year quarter's $0.13 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 69.1%, 460 basis points better than the prior-year quarter. Operating margin was 31.4%, 2,320 basis points better than the prior-year quarter. Net margin was 30.9%, 2,380 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $153.5 million. On the bottom line, the average EPS estimate is $1.06.

Next year's average estimate for revenue is $529.7 million. The average EPS estimate is $3.73.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 192 members out of 218 rating the stock outperform, and 26 members rating it underperform. Among 60 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 52 give Mellanox Technologies a green thumbs-up, and eight 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 $122.38.

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