Yahoo Finance Mercury Systems Full Year 2024 Earnings: Beats Expectations
Mercury Systems (NASDAQ:MRCY) Full Year 2024 Results
Key Financial Results
Revenue: US$835.3m (down 14% from FY 2023).
Net loss: US$137.6m (loss widened by 386% from FY 2023).
US$2.38 loss per share (further deteriorated from US$0.50 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Mercury Systems Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 1.3%.
Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Aerospace & Defense industry in the US.
Performance of the American Aerospace & Defense industry.
The company's shares are up 18% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Mercury Systems that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
