Mercury Systems (MRCY) Misses Q4 EPS by 41c, Offers Guidance

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Mercury Systems Reports Fourth Quarter and Fiscal 2023 Results and Progress Against Enhanced Execution Plan

August 15, 2023 4:02 PM EDT

Bill Ballhaus appointed as President and CEO

Management and Board of Directors aligned on strength of strategy and business model

Initial cost actions result in approximately $20 million to $22 million of net savings in fiscal 2024

Strong demand environment supports long-term outlook

ANDOVER, Mass., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), reported operating results for the fourth quarter and fiscal year 2023, ended June... More