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Mercury Systems Q4 Earnings & Revenues Beat Estimates

Mercury Systems (NASDAQ: MRCY) reported fourth-quarter fiscal 2024 results, wherein both top and bottom lines beat the Zacks Consensus Estimate. The aerospace and defense tech firm reported non-GAAP earnings of 23 cents per share against the Zacks Consensus Estimate of a loss of 7 cents. The bottom line surged 109.1% year over year. Mercury Systems' non-GAAP revenues decreased 1.8% to $248.6 million. The top line beat the consensus mark by 11.7%. The results reflected solid progress in each of the priority focus areas, with highlights that include retiring risk across remaining challenged programs and returning to pilot production on the common processing architecture area. Mercury Systems Inc Price, Consensus and EPS Surprise Mercury Systems Inc price-consensus-eps-surprise-chart | Mercury Systems Inc Quote Q4 ...