Mercury Systems Reports Second Quarter Results, Raises Guidance

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Go back to Mercury Systems Reports Second Quarter Results, Raises Guidance

Mercury Computer (MRCY) PT Raised to $30 at Jefferies Following 2Q Report

January 24, 2017 7:18 AM EST

Jefferies raised its price target on Mercury Computer (NASDAQ: MRCY) to $30.00 (from $28.00) while maintaining a Hold rating. Management raised FY17 Adjusted EPS guidance range by 5% at the mid-point to $1.09- $1.14 from $1.03 -$1.09. EPS is now expected to be in the range of $0.49-$0.54, down from... More

Mercury Systems (MRCY) Tops Q2 EPS by 2c, Raises Outlook

January 23, 2017 4:03 PM EST

Mercury Systems (NASDAQ: MRCY) reported Q2 EPS of $0.13, $0.02 better than the analyst estimate of $0.11. Revenue for the quarter came in at $98 million versus the consensus estimate of $93.21 million.

Adjusted earnings per share were $0.30 per share for the second quarter of fiscal 2017, compared to... More