Mercury Systems, Inc. (NASDAQ:MRCY) Q3 2024 Earnings Call Transcript May 7, 2024 Mercury Systems, Inc. misses on earnings expectations. Reported EPS is $-0.77254 EPS, expectations were $-0.15. Mercury Systems, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Dave Farnsworth: Good […]
Mercury Systems' (MRCY) third-quarter fiscal 2024 top-line results suffer due to increasing operating expenses as a percentage of revenues and margin pressure.
Despite a significant revenue and earnings decline, Mercury Systems sees potential in record backlog and strategic cost reductions.