Mercury Systems (MRCY) Beats Q1 Earnings and Revenue Estimates

Mercury Systems (MRCY) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of a loss of $0.13 per share. This compares to loss of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 130.77%. A quarter ago, it was expected that this maker of processing systems and software would post a loss of $0.07 per share when it actually produced earnings of $0.23, delivering a surprise of 428.57%.Ov ...