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Mellanox Technologies Ltd. (MLNX) Is Climbing After Q4 Profit Beat

Mellanox Technologies Ltd. (MLNX) reported fourth quarter non-GAAP EPS of $0.82 after the bell Thursday, which topped the consensus estimate of $0.68. The stock is now up 3.90 on 59K shares.

Mellanox Technologies traded in a range for the majority of Thursday's session and closed up by 0.80 at $65.10 on above average volume. The stock finished near the middle of a 1-month trading range at the highs of the year.

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