Yahoo Finance • 3 months ago

Mercury To Provide Upgraded Processing Power for Refueling System on U.S. Air Force’s KC-46A Tanker Fleet

Mercury Systems Inc KC-46A New Hampshire-based KC-46A aircrew refuel a U.S. Navy F/A-18F Super Hornet off the coast of Maryland on July 1, 2020. Photo: U.S. Navy ANDOVER, Mass., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (N... Full story

Yahoo Finance • 4 months ago

Why Mercury Systems (MRCY) Stock Is Trading Up Today

Why Mercury Systems (MRCY) Stock Is Trading Up Today What Happened: Shares of aerospace and defense company Mercury Systems (NASDAQGS:MRCY) jumped 21.9% in the morning session after the company reported second-quarter earnings results. M... Full story

Yahoo Finance • 7 months ago

Analyst Estimates: Here's What Brokers Think Of Mercury Systems, Inc. (NASDAQ:MRCY) After Its Third-Quarter Report

As you might know, Mercury Systems, Inc. (NASDAQ:MRCY) last week released its latest quarterly, and things did not turn out so great for shareholders. Revenues missed expectations somewhat, coming in at US$208m, but statutory earnings fell... Full story

Yahoo Finance • 7 months ago

Mercury Systems Third Quarter 2024 Earnings: Misses Expectations

Mercury Systems (NASDAQ:MRCY) Third Quarter 2024 Results Key Financial Results Revenue: US$208.3m (down 21% from 3Q 2023). Net loss: US$44.6m (down from US$5.16m profit in 3Q 2023). US$0.77 loss per share (down from US$0.091 profit in 3Q... Full story

Yahoo Finance • 11 months ago

Should You Be Confident in Mercury Systems’ (MRCY) New Management Team?

Baron Funds, an investment management company, released its “Baron Discovery Fund” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. In 2023, the fund (Institutional Shares) returned 22.58% outperforming the 1... Full story

Yahoo Finance • last year

Insider Spends US$1.2m Buying More Shares In Mercury Systems

Mercury Systems, Inc. (NASDAQ:MRCY) shareholders (or potential shareholders) will be happy to see that the Independent Director, Orlando Carvalho, recently bought a whopping US$1.2m worth of stock, at a price of US$33.83. That increased th... Full story

Yahoo Finance • last year

Mercury Announces Mission Systems Leadership Transition

ANDOVER, Mass., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers mission-critical processing power to the edge, today announced the departure of Dr. Mitch Stevison,... Full story

Yahoo Finance • last year

Mercury Systems Stock Takes a Turn for the Worse. Better Days Are Ahead.

The defense contractor’s stock, a Barron’s pick, so far looks like a falling knife. But patience is always required when betting on a turnaround at a small-cap company. Continue reading... Full story

Yahoo Finance • last year

Mercury Systems Reports First Quarter Fiscal 2024 Results

ANDOVER, Mass., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), reported operating results for the first quarter of fiscal year 2024, ended September 29, 2023. “In the first quarter, we made progres... Full story

Yahoo Finance • last year

U.S. Navy Funds Mercury to Develop Photonics Chiplet Manufacturing Capability for Defense Applications

ANDOVER, Mass., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers mission-critical processing power to the edge, today announced an agreement with the U.S. Navy to de... Full story

Yahoo Finance • last year

Mercury Systems to Report First Quarter Fiscal Year 2024 Financial Results on November 7, 2023

ANDOVER, Mass., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers processing power for the most demanding aerospace and defense missions, will release its first quarte... Full story

Yahoo Finance • last year

Mercury to Bring Raytheon’s Advanced Cyber Resiliency and Intrusion Detection Tools to the Mercury Processing Platform

ANDOVER, Mass., Oct. 09, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers processing power for the most demanding aerospace and defense missions, today announced it is workin... Full story

Yahoo Finance • last year

Mercury Introduces the First Space-qualified FPGA Processing Board Powered by AMD Xilinx Versal® Technology

ANDOVER, Mass., Sept. 18, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers processing power for the most demanding aerospace and defense missions, today introduced the first... Full story

Yahoo Finance • last year

Mercury Systems Reports Fourth Quarter and Fiscal 2023 Results and Progress Against Enhanced Execution Plan

Bill Ballhaus appointed as President and CEO Management and Board of Directors aligned on strength of strategy and business model Initial cost actions result in approximately $20 million to $22 million of net savings in fiscal 2024 Stro... Full story

Yahoo Finance • last year

Mercury Systems Names Bill Ballhaus as President and CEO

ANDOVER, Mass., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (the “Company” or “Mercury”) (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers processing power for the most demanding aerospace and defense missions,... Full story

Yahoo Finance • last year

NAVAIR Selects Mercury to Deliver Digital Head-Up Display for T-45 Goshawk Training Aircraft

ANDOVER, Mass., July 12, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers processing power for the most demanding aerospace and defense missions, received a five-year contrac... Full story

Yahoo Finance • last year

Mercury Systems to report fourth quarter and full fiscal year 2023 financial results on August 15, 2023

ANDOVER, Mass., July 11, 2023 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers processing power for the most demanding aerospace and defense missions, will release its fourth quart... Full story

Yahoo Finance • last year

Mercury Systems Advances Go-Forward Strategic Plan Through Continued Board Refreshment

ANDOVER, Mass., July 06, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com) (“Mercury” or the “Company”), a technology company that delivers processing power for the most demanding aerospace and defense missions,... Full story

Yahoo Finance • last year

Analysts Are Cutting Price Targets of These 10 Stocks

In this article, we will discuss the 10 stocks whose price targets were recently trimmed by analysts. If you want to see more such stocks on the list, go directly to Analysts Are Cutting Price Targets of These 5 Stocks. The upcoming annou... Full story

Yahoo Finance • last year

Mercury Systems Announces Appointments of Chief Financial Officer and Independent Director

Finance and Technology Leader, David Farnsworth, Named CFO Former Chairman and CEO of Leidos, Roger Krone, Appointed to Board ANDOVER, Mass., June 29, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a techno... Full story