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Mellanox Tech Files Form 12b-25 To Delay Filing Of Form 10-Q

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BZ NOTE:

  • MLNX revises financial statements for 2011 to 2013
  • Sees FY 2013 loss of $23.2M after revision
  • Sees FY 2012 Net Income of $112.3M after revision
  • Sees FY 2011 Net Income of $10.3M after revision
  • MLNX says errors are "indicative of material weakness"
  • Internal controls over financial reporting not effective at the end of 2013

Posted-In: Earnings News Legal

 

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