Feeds

Mellanox recovering but wheezing

Good revenue rise, smaller profit

Internet Security Threat Report 2014

InfiniBand supplier Mellanox is making profits as the recession eases, but much less than before.

The company, like competitor Voltaire, is embracing 10gigE alongside InfiniBand, and the greater competition in the Ethernet market means it has to work harder to stay afloat.

In its fourth 2009 quarter revenues were $35.5m, a 41 per cent increase on the year-ago quarter's $25m. However, profits of $4.3m were down on the final 2008 quarter's $8m. So revenues up 41 per cent, profits down 46 per cent - it's got its work cut out.

Full year figures were less extreme; revenues were $116m, an increase of 7.7 per cent on 2008's $107.7m. Net income was $12.9m, a 42 per cent fall. Gross margins look good, at 75.6 per cent for the fourth 2009 quarter and 75.3 per cent for the year.

But a lot of things must happen to turn a gross margin level other companies would kill for into such depressing profits figures after good revenue rises. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
NSA SOURCE CODE LEAK: Information slurp tools to appear online
Now you can run your own intelligence agency
Azure TITSUP caused by INFINITE LOOP
Fat fingered geo-block kept Aussies in the dark
Yahoo! blames! MONSTER! email! OUTAGE! on! CUT! CABLE! bungle!
Weekend woe for BT as telco struggles to restore service
Cloud unicorns are extinct so DiData cloud mess was YOUR fault
Applications need to be built to handle TITSUP incidents
Stop the IoT revolution! We need to figure out packet sizes first
Researchers test 802.15.4 and find we know nuh-think! about large scale sensor network ops
Turnbull should spare us all airline-magazine-grade cloud hype
Box-hugger is not a dirty word, Minister. Box-huggers make the cloud WORK
SanDisk vows: We'll have a 16TB SSD WHOPPER by 2016
Flash WORM has a serious use for archived photos and videos
Astro-boffins start opening universe simulation data
Got a supercomputer? Want to simulate a universe? Here you go
Microsoft adds video offering to Office 365. Oh NOES, you'll need Adobe Flash
Lovely presentations... but not on your Flash-hating mobe
prev story

Whitepapers

Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.