MRCY Stock Recent News

ANDOVER, Mass., July 10, 2024 (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 advance sensor processing technologies that will allow radar and electronic warfare (EW) capabilities to be designed on much shorter timelines.

ANDOVER, Mass., June 18, 2024 (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 appointment of Tod Brindlinger as Senior Vice President of Operations, effective June 10, 2024. The company also announced the completion of the second phase of an organizational restructuring that began in January to improve performance and accelerate growth by consolidating and simplifying its operations.

Mercury Systems (MRCY) reported earnings 30 days ago. What's next for the stock?

NEW YORK , May 17, 2024 /PRNewswire/ -- Moore Law, PLLC, a securities and shareholder law firm located on Wall Street, is investigating potential claims against: Mercury Systems Inc. ("MRCY" or the "Company") (NYSE: MRCY) Shareholders who purchased before February 3, 2021 should email: Fletcher@fmoorelaw.com The investigation concerns false and/or misleading statements and/or failure to disclose that: (i) Mercury Systems' serial acquirer strategy was not working and Mercury Systems was using improper revenue recognition practices such as changing to long-term contracts to mask deteriorating organic growth; (ii) Mercury Systems' acquisition of Physical Optics Corporation ("POC") caused POC to lose its small business accreditation, which prevented POC from winning contracts that made up a large portion of its historical business; (iii) Mercury Systems had at least twenty programs that were suffering and not performing well; and (iv) Mercury Systems' initiative to increase margins was no

The Zacks Computer-Peripheral Equipment industry is suffering from weakening IT spending amid an uncertain macroeconomic environment. However, LOGI, MRCY and TACT stocks are worth a watch due to their end-market strength.

Mercury Systems' (MRCY) third-quarter fiscal 2024 top-line results suffer due to increasing operating expenses as a percentage of revenues and margin pressure.

Mercury Systems, Inc. (NASDAQ:MRCY ) Q3 2024 Results Conference Call May 7, 2024 5:00 PM ET Company Participants Dave Farnsworth - Executive Vice President and Chief Financial Officer Bill Ballhaus - Chairman and Chief Executive Officer Conference Call Participants Pete Skibitski - Alembic Global Sheila Kahyaoglu - Jefferies Dave Farnsworth Good afternoon, and thank you for joining us. With me today is our Chairman and Chief Executive Officer, Bill Ballhaus.

The headline numbers for Mercury Systems (MRCY) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Mercury Systems (MRCY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Mercury (MRCY) secures a production agreement from BlueHalo to deliver digital signal processing hardware for the satellite control system of the U.S. Space Force.