Mercury Systems (MRCY) Beats Q4 Earnings and Revenue Estimates

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% ...