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 ...

13 August 2024 | 8:37PM EDT Mercury Systems Inc. (MRCY): First Take: Qtr improved sequentially; guidance implies a transition window for foreseeable future Bottom line: MRCY F4Q24 revenue, EBITDA and free cash flow are above. consensus, in a year where key metrics ended up well below original expectations on a full-year basis. The company did not provide a full set of FY2025 guidance ranges as it has in the past. It pointed to flattish revenue and a low double digit adjusted EBITDA margin in FY2025, then a ...

Mercury Systems (MRCY) reported $248.56 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 1.9%. EPS of $0.23 for the same period compares to $0.11 a year ago. The reported revenue represents a surprise of +11.07% over the Zacks Consensus Estimate of $223.8 million. With the consensus EPS estimate being -$0.07, the EPS surprise was +428.57%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wa ...

| --- | --- | --- | --- | |-------------------------------------------------------------------------------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | FOURTH QUARTER AND FISCAL | | | | | YEAR 2024 FINANCIAL RESULTS | | | | | Bill Ballhaus | | | | | Chairman and CEO | | | | | | | | | | David Farnsworth Executive Vice President and CFO | | | | | August 13, 2024, 5:00 pm ET | | | | | Webcast login at www.mrcy.com/investor Webcast replay available by 7:00 p.m. ET August ...

Mercury Systems, Inc. (NASDAQ:MRCY) Q4 2024 Earnings Call Transcript August 13, 2024 5:00 PM ET Company Participants Dave Farnsworth - EVP and CFO Bill Ballhaus - Chairman and CEO Conference Call Participants Pete Skibitski - Alembic Global Jonathan Ho - William Blair Ken Herbert - RBC Capital Markets Michael Ciarmoli - Truist Securities Sheila Kahyaoglu - Jefferies Jan-Frans Engelbrecht - Baird Noah Poponak - Goldman Sachs Operator Good day, everyone, and welcome to the Mercury Systems Fourth Quarter Fisca ...

Mercury Systems (MRCY) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of a loss of $0.07 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 428.57%. A quarter ago, it was expected that this maker of processing systems and software would post a loss of $0.15 per share when it actually produced a loss of $0.26, delivering a surprise of -73.33% ...