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Stock impact report

Mercury Systems (MRCY) Up 11.7% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]

Mercury Systems Inc (MRCY) 
Last mercury systems inc earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.mrcy.com/overview-0
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Mercury Systems due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Mercury Systems Q2 Earnings & Revenues Lag Estimates Mercury Systems reported second-quarter fiscal 2024 results, wherein both the top and bottom lines missed the Zacks Consensus Estimate. The aerospace and defense tech firm reported a non-GAAP loss of 42 cents per share, in contrast to the Zacks Consensus Estimate of earnings of 7 cents per share. The bottom line also compared unfavorably with the year-ago quarter's earnings of 26 cents per share, mainly due to lower revenues, increased costs and higher manufacturing adjustments. Mercury Systems' second-quarter non-GAAP revenues decreased 14% to $197.5 million compared with $229.6 million reported in the year-ago qua Show less Read more
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