NasdaqGS:MRCYAerospace & Defense
Assessing Mercury Systems (MRCY) Valuation After Earnings Beat And Ongoing Losses
Mercury Systems (MRCY) just released quarterly results that beat analyst expectations on both earnings and revenue, driven by accelerated customer deliveries and a strong backlog, yet the company remains loss making with cautious commentary.
See our latest analysis for Mercury Systems.
The earnings beat and record backlog helped the share price gain 3.96% on the day. That follows a 12.44% 7 day share price return decline and a softer 30 day move, while the 1 year total shareholder return of...