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Mercury Systems (MRCY) Reports Q3 Earnings: What Key Metrics Have to Say
MRCYMercury Systems(MRCY) Zacks Investment Research·2024-05-08 00:01

Mercury Systems (MRCY) reported 208.26millioninrevenueforthequarterendedMarch2024,representingayear−over−yeardeclineof21208.26 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 0.40ayearago.Thereportedrevenuerepresentsasurpriseof−1.780.40 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 ...