Mellanox Technologies Earnings Preview: Can This Streak Continue?

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Mellanox Technologies (NASDAQ:MLNX) will report earnings after markets close on Wednesday, April 24th. Mellanox Technologies Ltd. designs and develops semiconductor-based, high-performance interconnect products. The Company’s products facilitate data transmission between servers and storage systems through communications infrastructure equipment.

Here is your Cheat Sheet to Mellanox Technologies Earnings:

Earnings Expectations: Analysts expect earnings of $0.04 per share on revenues of $80.77 million. Currently, the company’s P/E ratio stands at 22.78.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.82 to a profit $0.43. For the current year, the average estimate is a profit of $1.84, which is worse than the estimate ninety days ago.

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Earnings Trends:

Here’s how Mellanox Technologies has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 107.70 116.04 154.64 259.25 500.80
Diluted EPS ($) 0.68 0.39 0.38 0.26 2.54

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 72.69 88.74 133.47 156.47 122.12
Diluted EPS ($) 0.12 0.29 0.74 1.09 0.42

Past Performance:
Mellanox Technologies has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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