Mercury Systems (MRCY) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of a loss of $0.08 per share. This compares to loss of $0.42 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 187.50%. A quarter ago, it was expected that this maker of processing systems and software would post a loss of $0.13 per share when it actually produced earnings of $0.04, delivering a surprise of 130.77%.Ov ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ________________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 27, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to COMMISSION FILE NUMBER: 001-41194 ________________________________________________________________ ...

Mercury Systems Reports Second Quarter Fiscal 2025 Results ANDOVER, Mass. February 4, 2025 Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), reported operating results for the second quarter of fiscal year 2025, ended December 27, 2024. "We delivered solid results in the second quarter of fiscal 2025 that were once again in line with or ahead of our expectations, and I'm optimistic about our ongoing efforts to improve performance as we move through the fiscal year," said Bill Ballhaus, Mercury's Chairman ...

Q2 FY25 Bookings of $242.4 million; book-to-bill ratio of 1.09Record backlog of $1.4 billion; up 6% year-over-yearQ2 FY25 Revenue of $223.1 million; GAAP net loss of $17.6 million; and adjusted EBITDA of $22.0 millionRecord Operating Cash Flow of $85.5 million with Free Cash Flow of $81.9 million ANDOVER, Mass., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), reported operating results for the second quarter of fiscal year 2025, ended December 27, 2024. “We delivered so ...

Mercury Systems’ (MRCY) shares appreciated 22.7% in the trailing six months, outperforming the Zacks Aerospace sector and the Zacks Aerospace – Defense Equipment Industry, and its peers, including Hexcel (HXL) , AAR (AIR) and Woodward (WWD) .Over the same timeframe, shares of Hexcel, AAR and Woodward have returned 11.3%, 8.4%, and 7%, respectively. Meanwhile, the sector and the industry have returned 7.3% and 20.4%, respectively.Mercury Systems’ positive share price movement reflects its ability to deliver ...

ANDOVER, Mass., Jan. 21, 2025 (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 $24.5 million contract to develop a data processing and storage subsystem for a U.S. Defense Department satellite program. Under a contract with an innovative space systems prime contractor, Mercury will deliver a number of these subsystems that leverage its commercial products and deep experti ...

Key Appointments - Tyler Hojo has been appointed as Vice President of Investor Relations, reporting to CFO David Farnsworth, and will be responsible for developing and implementing a comprehensive investor relations strategy [1] - Krishna Sinha has been appointed as Vice President of Strategy and Corporate Development, reporting to CFO David Farnsworth, and will lead the development of the company's long-term strategic plan, including inorganic acquisition and partnership strategies [1] - Robin Milton has been appointed as Chief Marketing and Communications Officer, reporting to Chief Human Resources Officer Steve Ratner, and will drive the development and execution of Mercury's strategic marketing plan [7] Company Overview - Mercury Systems is a technology company that delivers mission-critical processing power to the edge, enabling advanced technologies for aerospace and defense missions [2] - The Mercury Processing Platform allows customers to leverage innovative capabilities from silicon to system scale, turning data into actionable insights [2] - Mercury's products and solutions are deployed in over 300 programs across 35 countries, supporting mission computing, sensor processing, command and control, and communications [2] - The company is headquartered in Andover, Massachusetts, and has 23 locations worldwide [2] Leadership Perspective - Mercury Chairman and CEO Bill Ballhaus expressed excitement about the new hires, stating that they bring vital, diverse, and complementary skillsets to the leadership team [2] - The company believes it has now largely established the strategy, structure, and personnel necessary to drive its next phase of growth [2] Forward-Looking Statements - The press release contains forward-looking statements related to the company's strategic plan execution, but these statements involve risks and uncertainties that could cause actual results to differ materially from projections [3][4]

ANDOVER, Mass., Jan. 14, 2025 (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 second quarter fiscal year 2025 financial results after the market close on Tuesday, February 4, 2025. 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 represen ...

Mercury Systems (MRCY) has demonstrated remarkable resilience and growth potential, with its stock showing impressive momentum with a 29.6% return in the past year. Here are three compelling reasons why investors should consider adding MRCY to their portfolios in 2025.Strong Financial Performance and GrowthMercury Systems has shown robust financial performance in the first quarter of fiscal 2025, with bookings reaching $247.7 million, representing a significant 29% year-over-year increase. The company achie ...

Roger Krone, former Chairman and CEO of Leidos, departs Board to focus on Boy Scouts of America Jean Bua, CFO of NetScout Systems, appointed to Board ANDOVER, Mass., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers mission-critical processing power to the edge, announced the departure of Roger Krone from its Board of Directors and the appointment of new Independent Director Jean Bua. Since joining Mercury’s Board of Directors, Mr. Krone ...