Shares of Mellanox Technologies Ltd. rallied in Wednesday’s extended session after the computer networking products company raised its quarterly revenue outlook. Mellanox projected fiscal first-quarter revenue of $240 million to $250 million versus $222 million to $232 million issued on Jan. 18. It also announced that Chief Financial Officer Jacob Shulman will step down on May 4 to join a “pre-IPO” company. Mellanox shares rallied 8% after hours.
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