"ORCA represents a significant evolution of the Mercury Processing Platform that will drive down radar and EW system development timelines, allowing next-generation capabilities to be fielded much faster," said Tony Trinh, Mercury's Senior Director of Advanced Packaging. "The ORCA approach opens up incredible opportunities to integrate mission-specific pre-processing chiplets to rapidly upgrade systems on a wide variety of existing platforms and stay ahead of evolving threats." Forward-Looking Safe Harbor S ...

"I am exceptionally pleased for Tod Brindlinger to join the Mercury Leadership Team, rounding out a series of significant changes to further integrate and align our business," said Roger Wells. "His leadership will be instrumental in our ongoing efforts to eliminate silos in our critical functions, improve the quality and timeliness of the mission-critical products and solutions we deliver to our customers, and drive operational performance that will contribute meaningfully to our financial results." In Jan ...

"I am exceptionally pleased for Tod Brindlinger to join the Mercury Leadership Team, rounding out a series of significant changes to further integrate and align our business," said Roger Wells. "His leadership will be instrumental in our ongoing efforts to eliminate silos in our critical functions, improve the quality and timeliness of the mission-critical products and solutions we deliver to our customers, and drive operational performance that will contribute meaningfully to our financial results." ANDOVE ...

"Mercury's MOSA-aligned safety-critical mission computers based on SOSA and FACE open standards enable seamless integration of newer, more advanced technology across all aircraft," said Roya Montakhab, Senior Vice President and General Manager of Integrated Processing Solutions at Mercury. "The Green Hills FACEcertified INTEGRITY-178 tuMP RTOS is a critical component for our DAL A architecture and provides a lowrisk path to multicore certification, which supports multiple applications through a converged ar ...

A month has gone by since the last earnings report for Mercury Systems (MRCY) . Shares have added about 5.6% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Mercury Systems due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Mercury Systems Q3 Earnings & Revenues Mis ...

Shareholders who purchased before February 3, 2021 should email: [email protected] The investigation concerns false and/or misleading statements and/or failure to disclose that: (i) Mercury Systems' serial acquirer strategy was not working and Mercury Systems was using improper revenue recognition practices such as changing to long-term contracts to mask deteriorating organic growth; (ii) Mercury Systems' acquisition of Physical Optics Corporation ("POC") caused POC to lose its small business accreditation, ...

Mercury Systems (MRCY) reported third-quarter fiscal 2024 results, wherein both the top and bottom lines missed the Zacks Consensus Estimate.The aerospace and defense tech firm reported a non-GAAP loss of 26 cents per share, wider than the Zacks Consensus Estimate of a loss of 15 cents. The bottom line plunged 165% year over year, mainly due to increased costs and higher interest expenses.Mercury Systems’ non-GAAP revenues decreased 21% to $208.26 million from $263.5 million reported in the year-ago quarter ...

Mercury Systems (MRCY) reported $208.26 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 21%. EPS of -$0.26 for the same period compares to $0.40 a year ago.The reported revenue represents a surprise of -1.78% over the Zacks Consensus Estimate of $212.03 million. With the consensus EPS estimate being -$0.15, the EPS surprise was -73.33%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...

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 March 29, 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 ________________________________________________________________ ME ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Total bookings for the third quarter of fiscal 2024 were $219.9 million, yielding a book-to-bill ratio of 1.06 for the quarter. Total Company GAAP net loss and loss per share for the third quarter of fiscal 2024 was ($44.6) million, and ($0.77), respectively, compared to GAAP net income and earnings per share of $5.2 million, and $0.09, respectively, for the third quarter of fiscal 2023. Adjusted (loss) earnings per share ("adjusted EPS") was ($0.26) per share for the thir ...