Mercury Systems (MRCY) Reports Q3 Earnings: What Key Metrics Have to Say

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 ...