Mercury Systems: Fiscal Q2 Earnings Snapshot

Associated Press Finance

02-05

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 loss of 30 cents per share. Earnings, adjusted for one-time gains and costs, came to 7 cents per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.

The maker of processing systems and software posted revenue of $223.1 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $180.5 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MRCY at https://www.zacks.com/ap/MRCY

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(AP) — ANDOVER, Mass. (AP) — <a href=\"https://laohu8.com/S/MRCY\">Mercury Systems Inc</a>. (MRCY) on Tuesday reported a loss of $17.6 million in its fiscal second quarter.</p>\n<p>The Andover, Massachusetts-based company said it had a loss of 30 cents per share. Earnings, adjusted for one-time gains and costs, came to 7 cents per share.</p>\n<p>The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.</p>\n<p>The maker of processing systems and software posted revenue of $223.1 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $180.5 million.</p>\n<p>_____</p>\n<p>This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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Earnings, adjusted for one-time gains and costs, came to 7 cents per share.\nThe results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.\nThe maker of processing systems and software posted revenue of $223.1 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $180.5 million.\n_____\nThis story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MRCY at https://www.zacks.com/ap/MRCY","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}