Mellanox Technologies (MLNX) Is Up After Q2 Profit Topped Expectations

Mellanox Technologies (MLNX) reported second quarter EPS of $1.25 after the close Tuesday, up from $0.44 in the previous year. Analysts expected EPS of $1.09. The stock is now up 2.30 on 27K shares.

Mellanox Technologies dipped at the open Tuesday, but recovered in the afternoon. Shares finished with a gain of 0.75 at $84.70.

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