Q1 FY25 Bookings of $247.7 million; book-to-bill ratio of 1.21Q1 FY25 Revenue of $204.4 million; GAAP net loss of $17.5 million; and adjusted EBITDA of $21.5 millionRecord backlog of $1.3 billion; up 16% year-over-year ANDOVER, Mass., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), reported operating results for the first quarter of fiscal year 2025, ended September 27, 2024. “Our first quarter 2025 results were generally as expected, and I am optimistic about our strat ...

ANDOVER, Mass., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers mission-critical processing power to the edge, today announced it was awarded a five-year contract worth as much as $131.3 million from the U.S. Naval Air Systems Command (NAVAIR) to continue providing secure data transfer systems for naval aircraft. Mercury has been delivering Advanced Data Transfer Systems (ADTS) and components to the Navy since 2017 to support numerous ...

ANDOVER, Mass., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers mission-critical processing power to the edge, will release its first quarter fiscal year 2025 financial results after the market close on Tuesday, November 5, 2024. Management will host a conference call and simultaneous webcast at 5:00 p.m. ET on the same day to discuss Mercury's quarterly financial results, business highlights, and outlook. In addition, Company represent ...

A month has gone by since the last earnings report for Mercury Systems (MRCY) . Shares have lost about 10.2% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Mercury Systems due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Mercury Systems Q4 Earnings & Revenues B ...

Where estimates-beating companies go, price target-raising analysts follow. Mercury Systems (MRCY 0.85%) stock appeared set to lock in a double-digit gain in share price this week. According to data compiled by S&P Global Market Intelligence, as of the wee hours Friday morning the defense communications company's shares were up by nearly 13% week to date. A strong earnings report was the key factor in that rise. Analyst estimates were obliterated Mercury published its fourth quarter of fiscal 2024 figures a ...

William_Potter In May, I analyzed Mercury Systems, Inc. and attached a hold rating to the stock with a $42.15 price target with FY26 eamings in mind against a peer group valuation and $42.91 with FY25 earnings in mind against the company median EV/EBITDA valuation. The company presented its fourth quarter results resently and the stock surged 17% to $40. I had a hold rating on the stock and perhaps that should have been a buy rating, but I was not impressed with the risk profile. In this report, I will be d ...

U.S. stocks traded mixed toward the end of trading, with the Dow Jones index gaining around 250 points on Wednesday. The Dow traded up 0.65% to 40,022.71 while the NASDAQ fell 0.20% to 17,153.85. The S&P 500 also rose, gaining, 0.24% to 5,447.57. Leading and Lagging Sectors Financials shares climbed by 1.1% on Tuesday. In trading on Tuesday, communication services shares fell 1.3%. Top Headline UBS Group AG UBS posted strong second-quarter earnings. UBS Group reported second-quarter FY24 sales of $11.9 bill ...

Aerospace and defense specialist Mercury Systems (NASDAQ:MRCY) — which offers advanced components, circuits, semiconductors and modules, among many other product categories — saw its shares skyrocket over 20% on Wednesday. Encouraging results tied to its fiscal fourth-quarter earnings disclosure are catapulting sentiment. Additionally, MRCY stock has benefited from surging relevancies in unmanned systems, one of Mercury's specialties. Earlier today, Mercury posted a net loss of $10.8 million or 19 cents a s ...

A strong fiscal fourth quarter has investors excited about what is to come. Defense electronics company Mercury Systems (MRCY 19.65%) reported a better-than-expected quarter, and management is confident the momentum can be sustained into the new fiscal year. Investors are excited, sending Mercury shares up 22% as of 11 a.m. ET on Wednesday. Turning a corner after a rough few years Mercury manufactures sensors, communications equipment, and other electronics components for the aerospace and defense industrie ...

Mercury Systems (MRCY) reported fourth-quarter fiscal 2024 results, wherein both top and bottom lines beat the Zacks Consensus Estimate. The aerospace and defense tech firm reported non-GAAP earnings of 23 cents per share against the Zacks Consensus Estimate of a loss of 7 cents. The bottom line surged 109.1% year over year. Mercury Systems' non-GAAP revenues decreased 1.8% to $248.6 million. The top line beat the consensus mark by 11.7%. The results reflected solid progress in each of the priority focus ar ...