Mercury Sys (NASDAQ:MRCY) reported its Q1 earnings results on Tuesday, November 7, 2023 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
Mercury Sys missed estimated earnings by 233.33%, reporting an EPS of $-0.24 versus an estimate of $0.18.
Revenue was down $46.59 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.43 which was followed by a 6.89% increase in the share price the next day.
Here’s a look at Mercury Sys’s past performance:
| Quarter | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.54 | 0.37 | 0.33 | 0.21 |
| EPS Actual | 0.11 | 0.40 | 0.26 | 0.24 |
| Revenue Estimate | 277.27M | 253.59M | 232.47M | 217.92M |
| Revenue Actual | 253.24M | 263.48M | 229.59M | 227.58M |
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.
