The holding now accounts for 1.31% of the fund’s AUM, placing it outside the fund’s top five holdings.On November 12, 2025, Staley Capital Advisers reduced its holding in Mercury Systems (MRCY 2.76%), cutting its stake by $6.51 million, according to an SEC 13-F filing.What happenedStaley Capital Advisers sold 58,820 shares of Mercury Systems in the third quarter of 2025. The transaction lowered the fund’s position to 411,310 shares, worth $31.84 million as of quarter-end.Staley Capital Advisers’ stake in Me ...

ANDOVER, Mass., Dec. 08, 2025 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a global technology company that delivers mission-critical processing to the edge, will participate in this week’s Association of Old Crows (AOC) International Symposium and Convention, showcasing the company’s expanding portfolio of electronic warfare (EW) capabilities and sharing key insights during conference sessions. AOC 2025 is the premier event for electronic warfare, electromagnetic spectrum operati ...

Core Viewpoint - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by certain officers and directors of iRhythm Technologies, Inc. (NASDAQ: IRTC), urging shareholders to take action promptly due to possible limited time to enforce their rights [1]. Group 1: Shareholder Rights and Legal Options - Long-term shareholders of iRhythm may seek corporate governance reforms, return of funds, court-approved financial incentives, or other benefits [2]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [2]. Group 2: Importance of Shareholder Participation - Shareholder involvement is crucial for improving company policies, practices, and oversight, which can lead to enhanced transparency, accountability, and ultimately, increased shareholder value [3]. Group 3: Firm's Background and Achievements - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having successfully implemented corporate reforms and recovered millions for defrauded investors [4].

Core Viewpoint - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by certain officers and directors of Maison Solutions Inc. (NASDAQ: MSS), urging shareholders to take action promptly due to possible time limitations on enforcing their rights [1]. Group 1: Shareholder Rights and Legal Options - Long-term shareholders of Maison Solutions Inc. may seek corporate governance reforms, recovery of funds, court-approved financial incentives, or other benefits [2]. - The law firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [2]. Group 2: Importance of Shareholder Participation - Shareholder involvement is crucial for improving company policies, practices, and oversight, which can lead to enhanced transparency, accountability, and ultimately, increased shareholder value [3]. Group 3: Firm's Background and Achievements - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having successfully implemented corporate reforms and recovered millions for defrauded investors [4].

Accessibility StatementSkip Navigation Shareholders should contact the firm immediately as there may be limited time to enforce your rights. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information:Halper Sadeh LLCOne World Trade Center85th FloorNew York, NY 10007Daniel Sadeh, Esq.Zachary Halper, Esq.(212) 763-0060[email protected] [email protected]https://www.halpersadeh.com SOURCE Halper Sadeh LLP If you currently own Mercury stock and are a long-term shareholder, yo ...

Core Insights - Mercury Systems (NASDAQ: MRCY) stock has increased nearly 12% since a buy rating was issued in August, outperforming the S&P 500's 4.4% gain [2] - The company is experiencing revenue growth, a higher margin backlog, and benefits from automation [2] Company Overview - Mercury Systems specializes in defense electronics and is positioned to capitalize on significant growth prospects within the aerospace and defense industry [2] - The analysis is provided by an expert with a background in aerospace engineering, focusing on investment opportunities and the impact of industry developments [2] Investment Analysis - The investing group, The Aerospace Forum, aims to identify investment opportunities in the aerospace, defense, and airline sectors, utilizing data-informed analysis [2]

Group 1 - The article does not provide any specific content related to a company or industry [1]

Core Insights - Mercury Systems (MRCY) reported revenue of $225.21 million for the quarter ended September 2025, marking a year-over-year increase of 10.2% and an EPS of $0.26 compared to $0.04 a year ago [1] - The reported revenue exceeded the Zacks Consensus Estimate of $207.02 million, resulting in a surprise of +8.78%, while the EPS surprise was +225% against a consensus estimate of $0.08 [1] Financial Performance Metrics - Net Revenue from Sensor & Effector - Radar was $30.19 million, which is -10.6% year-over-year and below the estimated $36.94 million [4] - Net Revenue from Sensor & Effector - Electronic Warfare was $21 million, representing a -20.3% change compared to the year-ago quarter and below the estimated $25.52 million [4] - Net Revenue from Other was $32.79 million, slightly below the average estimate of $33.95 million, with a year-over-year change of +0.3% [4] - Total Net Revenue from Sensor & Effector was $80.95 million, down -6.4% year-over-year and below the estimated $85.52 million [4] - Net Revenue from C4I was $111.47 million, significantly above the average estimate of $86.12 million, reflecting a +30.7% year-over-year change [4] - Net Revenue from Sensor & Effector - Other Sensor & Effector was $29.77 million, exceeding the estimated $23.07 million, with a +12.9% change compared to the year-ago quarter [4] Stock Performance - Shares of Mercury Systems have returned -7.4% over the past month, contrasting with the Zacks S&P 500 composite's +2.1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Core Insights - Mercury Systems (MRCY) reported quarterly earnings of $0.26 per share, significantly exceeding the Zacks Consensus Estimate of $0.08 per share, marking a year-over-year increase from $0.04 per share, resulting in an earnings surprise of +225.00% [1] - The company achieved revenues of $225.21 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 8.78% and showing growth from $204.43 million in the same quarter last year [2] - Mercury Systems has outperformed the S&P 500, with shares increasing approximately 85.2% year-to-date compared to the S&P 500's gain of 16.5% [3] Earnings Outlook - The future performance of Mercury Systems' stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4] - The current consensus EPS estimate for the upcoming quarter is $0.14 on revenues of $224.57 million, and for the current fiscal year, it is $0.90 on revenues of $942.65 million [7] Industry Context - The Aerospace - Defense Equipment industry, to which Mercury Systems belongs, is currently ranked in the bottom 40% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Mercury Systems may also be influenced by the overall outlook for the industry, as historical data shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]

Financial Data and Key Metrics Changes - Bookings for Q1 FY26 were $250 million, resulting in a record backlog of $1.4 billion and a book-to-bill ratio of 1.11 [5][16] - Revenue for Q1 was $225 million, reflecting a year-over-year increase of 10.2% [5][16] - Adjusted EBITDA for the quarter was $35.6 million, up 66% year-over-year, with an adjusted EBITDA margin of 15.8%, an increase of 530 basis points [5][10][18] - Free cash outflow was $4.4 million, showing a significant improvement of $16.5 million year-over-year [5][19] Business Line Data and Key Metrics Changes - The company recognized $4 million of net adverse EAC changes, down 51% year-over-year, indicating improved program management capabilities [6] - Accelerated customer deliveries contributed approximately $20 million in revenue and $10 million in adjusted EBITDA, previously planned for Q2 [6][10] - Gross margin for Q1 increased to nearly 28%, up approximately 260 basis points year-over-year, driven by a favorable program mix [10][16] Market Data and Key Metrics Changes - The company reported a healthy mix of competitive wins and follow-on production awards, including $26 million in competitive takeaways [8] - The European defense market is experiencing significant growth, with defense budgets expected to triple over the next few years [36] - The company has seen a 15% growth rate in its European defense business over the last 12 months [36] Company Strategy and Development Direction - The company is focused on four priorities: performance excellence, driving organic growth, expanding margins, and improving free cash flow [4][5] - Plans to increase capacity and automation in manufacturing, particularly in Phoenix, Arizona, to support anticipated demand [7][10] - The company aims for adjusted EBITDA margins in the low to mid-20% range and free cash flow conversion of 50% over time [12][14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism regarding the potential for increased global defense budgets and domestic priorities to positively impact demand [14][36] - The company maintains its full-year outlook for FY26, expecting low single-digit annual revenue growth with a flat first half and sequential increases in the second half [13][14] - Management noted minimal impact from the US government shutdown on funding or program starts [45] Other Important Information - A new $200 million buyback authorization was announced, reflecting confidence in the business and long-term shareholder value [15] - The company ended Q1 with $305 million in cash on hand and has made significant progress in reducing net working capital [5][19] Q&A Session Summary Question: Can you discuss the ongoing ability to pull revenues forward? - Management indicated that while they have successfully accelerated deliveries, they do not have clear visibility on future constraints until mid or late quarter [24][25] Question: What is the timing and potential revenue impact of the new capacity in Phoenix? - Management stated that the new capacity is intended to meet anticipated demand increases but did not quantify potential revenue impacts [28][30] Question: How is the production ramp-up for CPA products progressing? - Management confirmed that production is ramping up and they expect future demand to follow as production increases [32][33] Question: What is the outlook for the European defense environment? - Management noted strong growth in the European defense market, with a 15% growth rate over the last year and ongoing discussions with European primes [36] Question: How should margins be expected to progress through the year? - Management indicated that gross margins are expected to improve as low-margin backlog is converted and new bookings align with targeted margins [38][49] Question: What is the expected free cash flow conversion for the year? - Management expects to be free cash flow positive for the year, with stronger performance in the second half [40][22]