Could Mercury Systems Stock Still Deliver Gains After Its Q2 Earnings?
Mercury Systems (NASDAQ: MRCY) has delivered a solid Q2 FY2025 report. It was quite an improvement over earlier reports and Wall Street seems very happy. So much so that the stock is 18.6% today and analysts are starting to hike their price targets. Is it still a buy? Here’s what you need to know:
Inc. reported a strong performance for the second quarter of fiscal year 2024, significantly surpassing earnings expectations. The company posted an earnings per share (EPS) of $0.07, exceeding the ...
RBC Capital raised the firm’s price target on Mercury Systems (MRCY) to $44 from $35 and keeps a Sector Perform rating on the shares. The ...
Shares of Mercury Systems topped a 52-week high in post-market trading after the company said it has initiated a job cutting program that will lead to the elimination of about 145 positions. The stock ...
ANDOVER, Mass. (AP) — ANDOVER, Mass. (AP) — Mercury Systems Inc. (MRCY) on Tuesday reported a loss of $17.6 million in its fiscal second quarter. The Andover, Massachusetts-based company said it had a ...
FY25 Bookings of $242.4 million; book-to-bill ratio of 1.09Record backlog of $1.4 billion; up 6% year-over-yearQ2 FY25 Revenue of $223.1 ...
Mercury Systems’ MRCY shares appreciated 22.7% in the trailing six months, outperforming the Zacks Aerospace sector and the Zacks Aerospace – Defense Equipment Industry, and its peers ...
CEO Bill Ballhaus emphasized that Q2 results exceeded expectations, highlighting $223 million in revenue, a 13% year-over-year increase, and an adjusted EBITDA margin of 9.9%. The quarter also saw ...
Mercury Systems (NASDAQ: MRCY) is the 67th-largest public company in Massachusetts by revenue, according to Boston Business ...
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