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Mercury Sys (NASDAQ:MRCY) reported its Q2 earnings results on Tuesday, February 6, 2024 at 04:01 PM.
Here's what investors need to know about the announcement.
Mercury Sys missed estimated earnings by 625.0%, reporting an EPS of $-0.42 versus an estimate of $0.08.
Revenue was down $32.12 million from the same period last year.
Last quarter the company missed on EPS by $0.42 which was followed by a 12.59% drop in the share price the next day.
Here's a look at Mercury Sys's past performance:
| Quarter | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.18 | 0.54 | 0.37 | 0.33 |
| EPS Actual | -0.24 | 0.11 | 0.40 | 0.26 |
| Revenue Estimate | 218.55M | 277.27M | 253.59M | 232.47M |
| Revenue Actual | 180.99M | 253.24M | 263.48M | 229.59M |
To track all earnings releases for Mercury Sys visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: MRCY
