Mercury Systems' Q1 Earnings & Revenues Beat Estimates, Rise Y/Y

Mercury Systems (MRCY) reported first-quarter fiscal 2025 results, wherein both top and bottom lines beat the Zacks Consensus Estimate.The aerospace and defense tech firm reported non-GAAP earnings of 4 cents per share against the Zacks Consensus Estimate of a loss of 13 cents. The bottom line surged 116.7% year over year.Mercury Systems’ non-GAAP revenues increased 13% year over year to $204.4 million. The top line beat the consensus mark by 12.9%. MRCY’s earnings beat the Zacks Consensus Estimate once in ...