Mercury Systems Reports Second Quarter Fiscal 2020 Results

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Go back to Mercury Systems Reports Second Quarter Fiscal 2020 Results

Mercury Systems (MRCY) Tops Q2 EPS by 6c, Revenues Beat; Offers Q3 EPS/Revenue Guidance Below Consensus, Provides FY20 EPS/Revenue Outlook

January 28, 2020 4:03 PM EST

Mercury Systems (NASDAQ: MRCY) reported Q2 EPS of $0.54, $0.06 better than the analyst estimate of $0.48. Revenue for the quarter came in at $193.91 million versus the consensus estimate of $192.53 million.

GUIDANCE:

Mercury Systems sees Q3 2020 EPS of $0.50-$0.53, versus the consensus of $0.56. Mercury Systems sees Q3 2020 revenue of $190-200 million, versus the consensus of $205.55 million.

Mercury Systems sees FY2020 EPS of $2.09-$2.13, versus the consensus of $2.09. Mercury Systems sees FY2020 revenue of $780-795 million, versus the consensus of $787.06 million.

Business Outlook

This section presents our current expectations and... More