Mellanox Technologies, Ltd. Updates Guidance for Third Quarter 2015

SUNNYVALE, Calif. & YOKNEAM, Israel--(BUSINESS WIRE)--Mellanox® Technologies, Ltd. (NASDAQ:MLNX), today announced that the company 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 (NASDAQ: EZCH; TASE: EZCH) 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. The company plans to announce its third quarter 2015 financial results and its fourth quarter 2015 guidance on October 21, 2015.