1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (6214) 

Baron Funds Comments on Mellanox Technologies

August 23, 2012 | About:

From Baron Funds' second quarter letter:

Mellanox Technologies Ltd. (NASDAQ:MLNX), the leading supplier of end-to-end connectivity solutions for servers and storage in modern data centers, rose 69.3% during the second quarter (and is up about 30% more after its stellar second quarter report). Over the last few quarters, Mellanox has experienced an inflection point in the company's growth rate and adoption of its InfiniBand connectivity products. Indeed, the company grew revenues 61% in the first quarter, 111% in the second quarter, and the mid-point of its third quarter guidance calls for 124% growth. We believe this inflection point resulted from connectivity emerging as a key bottleneck for modern cloud-based IT infrastructure and a lack of competition in high-speed connectivity solutions. (Gilad Shany)


Rating: 3.0/5 (2 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


mjspencershorts by sector
harrisgreg07HighYield
9gebbbLFG Valuation Model
dwilsherGP on TA 50% F score 7
infoLow EV/EBIT
rmaciver11 yr Rev 15 Price 3 mo 40
rael2222BASE ONE ONE ONE ONE
rael2222OHI
rael2222AAA
rael2222AA
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK