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AFRM, ZNTL, IMTX, MRCY and DRRX have been added to the Zacks Rank #1 (Strong Buy) List on January 9, 2024.
Roger Krone, former Chairman and CEO of Leidos, departs Board to focus on Boy Scouts of America Jean Bua, CFO of NetScout Systems, appointed to Board ANDOVER, Mass., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers mission-critical processing power to the edge, announced the departure of Roger Krone from its Board of Directors and the appointment of new Independent Director Jean Bua.
ANDOVER, Mass., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers mission-critical processing power to the edge, will release its first quarter fiscal year 2025 financial results after the market close on Tuesday, November 5, 2024.
Mercury Systems (MRCY) reported earnings 30 days ago. What's next for the stock?
Investors with an interest in Computer - Peripheral Equipment stocks have likely encountered both Alps Electric (APELY) and Mercury Systems (MRCY). But which of these two stocks offers value investors a better bang for their buck right now?
The defense sector communications specialist posted a boffo fiscal fourth quarter. It posted a surprise adjusted net income figure for the period.
Mercury Systems stock surged 17% to $40 after fourth quarter results. MRCY focused on risk retirement in FY24, successfully addressing challenged programs. Expectations for enhanced margins and cash flow conversion in FY2025 and beyond, with potential for elevated returns due to risk profile.
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index gaining around 250 points on Wednesday.
Aerospace and defense specialist Mercury Systems (NASDAQ: MRCY ) — which offers advanced components, circuits, semiconductors and modules, among many other product categories — saw its shares skyrocket over 20% on Wednesday. Encouraging results tied to its fiscal fourth-quarter earnings disclosure are catapulting sentiment.
Mercury reversed a series of quarterly disappointments, easily topping expectations. The company has made progress weeding out difficult product lines and is well positioned for further gains.