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Mercury Systems Beats Market Expectations for Both Q1 Net Income and Revenue

Nasdaq +2 · ·by G4L

MRCY
MRCY Mercury Systems Inc
$83.58 +4.97%
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  1. 1Mercury Systems Inc. recorded a fiscal first quarter net income of $13.1 million.
  2. 2Mercury Systems Inc. announced adjusted earnings per share of 52 cents for the fiscal first quarter, adjusting for one-time gains and expenses.
  3. 3Revenue for Mercury Systems Inc. during the period was $253.2 million, exceeding Wall Street expectations.

So what's the key point?

Mercury Systems Inc. earned more money than expected. Both revenue and profit came in higher than what experts had predicted.

Source Nasdaq +2 · View original ↗

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