Mercury Systems (MRCY) Tops Q3 EPS by 3c; Guides Below Consensus

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Mercury Systems Reports Third Quarter Fiscal 2023 Results

May 2, 2023 4:01 PM EDT

Third Quarter Highlights Include:Revenues increased 4% year over year exceeding guidancePositive organic revenue growth in the quarterStrong demand environment supports long term outlook

ANDOVER, Mass., May 02, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), reported operating results for the third quarter of fiscal 2023, ended March 31, 2023.

Management CommentsFor the third quarter, revenue and net income were above the high end, while adjusted EBITDA came in at the... More