October 18, 2012 at 17:18 PM EDT
Mellanox's Forecast Falls Short
Mellanox Technologies Ltd. (Nasdaq: MLNX) reported sharply higher third quarter revenue and earnings of $1.09 per share from 13 cents per share in the year ago period but the company forecast current quarter results below expectations. Shares of the semiconductor plummeted $20.16 to close at $77.99.

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