Mercury Systems(MRCY)

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Mercury Systems to Report Third Quarter Fiscal Year 2025 Financial Results on May 6, 2025
Globenewswire· 2025-04-15 20:15
Financial Results Announcement - Mercury Systems Inc. will release its third quarter fiscal year 2025 financial results after the market close on May 6, 2025 [1] - A conference call and webcast will be held at 5:00 p.m. ET on the same day to discuss the quarterly financial results, business highlights, and outlook [2] Conference Call Details - Participants can register online for the conference call or webcast at ir.mrcy.com/events-presentations, with a request to register a day in advance or at least 15 minutes before the call [3] - A replay of the webcast will be available two hours after the call and archived for six months [3] Company Overview - Mercury Systems is a technology company that provides mission-critical processing power to the edge, focusing on aerospace and defense missions [4] - The Mercury Processing Platform enables customers to utilize innovative capabilities from silicon to system scale, facilitating timely data-driven decisions [4] - Mercury's products and solutions are deployed in over 300 programs across 35 countries, covering applications in mission computing, sensor processing, command and control, and communications [4]
Mercury and Cicor Group Create Long-Term Strategic Business Relationship In Support of European Defense
Newsfilter· 2025-04-15 11:00
Core Viewpoint - Mercury Systems, Inc. has entered into a strategic supply agreement with Cicor Group, allowing Cicor to acquire a manufacturing operation in Switzerland and supply electronic products to Mercury over the next five years [1][2]. Group 1: Strategic Agreement - The agreement enables Mercury to transition its Swiss electronic board manufacturing operations to Cicor, a leading European manufacturer for aerospace and defense electronics, in response to increased demand for commercial defense products [2][3]. - The transaction is expected to be completed within approximately one month, subject to customary closing conditions, and production will be relocated to Cicor sites in the UK and Switzerland within the next 18 months [3]. Group 2: Operational Focus - Following the transition, Mercury's facilities in Switzerland, Spain, and the UK will concentrate on their core competencies of engineering design and systems integration, which is anticipated to drive the company's growth in the international market [2][3]. - Mercury will continue to source boards from its U.S. operations alongside purchasing from Cicor to maintain a robust supply chain [3]. Group 3: Market Position and Commitment - Mercury Systems is dedicated to delivering mission-critical processing capabilities to the aerospace and defense sector, aiming to scale quickly to meet the growing demand for advanced commercial processing technologies globally [4]. - The company operates in over 300 programs across 35 countries, providing a wide range of applications in mission computing, sensor processing, command and control, and communications [4].
SHAREHOLDER ALERT: Kaskela Law LLC Announces Class Action Lawsuit Against Mercury Systems, Inc. (MRCY) and Encourages Long-Term MRCY Investors to Contact the Firm
GlobeNewswire News Room· 2025-03-19 12:00
Core Viewpoint - A shareholder class action lawsuit has been filed against Mercury Systems, Inc. for allegedly making false and misleading statements regarding its M&A strategy and the integration of acquired companies, which negatively impacted its financial performance [1][2]. Group 1: Allegations and Impact - The lawsuit claims that from February 3, 2021, to February 6, 2024, Mercury and its executives misled investors about the integration of acquisitions, leading to a significant decline in stock value [2][4]. - Following corrective disclosures starting in August 2022, Mercury's stock price dropped from above $50.00 to below $30.00, representing a decline of approximately 40% [3]. Group 2: Legal Proceedings - The investigation aims to determine if Mercury's board of directors violated securities laws or breached fiduciary duties related to the alleged misconduct [4]. - Current shareholders who acquired shares before August 2022 are encouraged to seek legal advice regarding their rights and options [5].
Are Aerospace Stocks Lagging Mercury Systems (MRCY) This Year?
ZACKS· 2025-03-14 14:40
Company Overview - Mercury Systems (MRCY) is a notable stock within the Aerospace sector, currently ranked 2 in the Zacks Sector Rank, which evaluates 51 companies in this group [2] - The Zacks Rank system, which focuses on earnings estimates and revisions, currently assigns Mercury Systems a Zacks Rank of 2 (Buy) [3] Performance Analysis - Over the past 90 days, the Zacks Consensus Estimate for MRCY's full-year earnings has increased by 71.4%, indicating improved analyst sentiment and a stronger earnings outlook [4] - Year-to-date, Mercury Systems has gained approximately 7.3%, significantly outperforming the Aerospace sector average gain of about 0.1% [4] - In comparison, StandardAero, Inc. (SARO) has also outperformed the sector with a year-to-date increase of 17% [5] Industry Context - Mercury Systems operates within the Aerospace - Defense Equipment industry, which consists of 26 stocks and is currently ranked 39 in the Zacks Industry Rank; this industry has seen an average decline of 0.2% year-to-date [6] - Conversely, StandardAero, Inc. is part of the Aerospace - Defense industry, which includes 24 stocks and is ranked 132, with a year-to-date performance of +0.2% [6] Future Outlook - Investors interested in Aerospace stocks should monitor Mercury Systems and StandardAero, Inc. for potential continued strong performance [7]
Kuehn Law Encourages Investors of Mercury Systems, Inc. to Contact Law Firm
Prnewswire· 2025-03-04 15:42
NEW YORK, March 4, 2025 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Mercury Systems, Inc. (NASDAQ: MRCY) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Insiders at Mercury Systems caused the company to misrepresent or fail to disclose that (1) Mercury had switched from "point-in-time" to "long-term contracts" in order to improperly boost reported revenues; (2) several of Mercury's ...
Why Mercury Systems (MRCY) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-03-03 15:56
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? The ...
All You Need to Know About Mercury Systems (MRCY) Rating Upgrade to Buy
ZACKS· 2025-02-26 18:00
Investors might want to bet on Mercury Systems (MRCY) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of ...
Is Mercury Systems (MRCY) Stock Outpacing Its Aerospace Peers This Year?
ZACKS· 2025-02-26 15:45
For those looking to find strong Aerospace stocks, it is prudent to search for companies in the group that are outperforming their peers. Mercury Systems (MRCY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Mercury Systems is one of 51 companies in the Aerospace group. The Aerospace group currently sits at #4 within the Zacks Sector Rank. Th ...
Here's Why Mercury Systems (MRCY) is a Strong Momentum Stock
ZACKS· 2025-02-14 15:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? Developed alon ...
Mercury Shares Rise as Q2 Earnings & Revenues Beat Estimates
ZACKS· 2025-02-05 18:52
Mercury Systems (MRCY) reported second-quarter fiscal 2025 results, wherein the top and bottom lines beat the Zacks Consensus Estimate.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The aerospace and defense tech firm reported non-GAAP earnings of 7 cents per share, surpassing the Zacks Consensus Estimate of a loss of 8 cents. The bottom line skyrocketed 116.7% year over year.Mercury Systems’ non-GAAP revenues increased 13% year over year to $223.1 million. The top line beat the cons ...