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Stock impact report

What Mercury Systems (MRCY)'s Q2 Beat and Record Backlog Means For Shareholders [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
adjusted earnings of US$0.16 per share that exceeded analyst expectations alongside a record backlog approaching US$1.5 billion. Beneath the headline beat, management accelerated about US$30 million of revenue into the quarter and is working to replace lower-margin legacy backlog with higher-margin bookings, which could influence how investors interpret the company's operational progress. With recent results powered by accelerated customer deliveries and a record backlog, we'll explore what this means for Mercury Systems' investment narrative. Find companies with promising cash flow potential yet trading below their fair value To own Mercury Systems, you have to be comfortable backing a defense electronics company that is still loss-making but building around a large, long-duration backlog and a relatively new management team. The latest quarter fits that story: revenue and adjusted earnings came in ahead of expectations, backlog is approaching US$1.5 billion, and bookings out Show less Read more
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