Mercury Systems

Mercury Systems, Inc. is a global commercial technology company, which serves the aerospace and defense industry. It offers products through the following categories: Components, Modules and Sub-Assemblies, and Integrated Subsystems. The Components category refers to technology elements performing a single, discrete technological function, which when physically combined with other components may be used to create a module or sub-assembly. The Modules and Sub-Assemblies category includes combinations of multiple functional technology elements and components that work together to perform multiple functions but are resident on or within a single board or housing. The Integrated Subsystems category covers multiple modules and sub-assemblies combined with a backplane or similar functional element and software to enable a solution. The company was founded on July 14, 1981, and is headquartered in Andover, MA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2025

Earnings data Q2 2025

MRCY reports strong Q3 performance but faces challenges with development delays and higher costs

MRCY's Q3 performance exceeded revenue guidance but faced challenges due to pandemic impacts and development program shifts. Optimism for record bookings and a positive book-to-bill for the year, along with progress in production ramp-up, positions the company for a rebound in fiscal '24. Challenges with delays, technology issues, and higher costs have impacted results for the year.

Mercury Systems reports Q2 growth, eyes margin expansion in Q4

Mercury Systems navigated challenges in Q2, with revenue growth, increased bookings, and a focus on margin expansion and cost-saving initiatives.
Despite program delays impacting EBITDA, the company remains optimistic about returning to organic growth and improving cash flow in Q4 and fiscal '24.
Anticipated improvements in lead times and pricing actions to counter inflation present opportunities for growth and profitability.
Strong backlog coverage, supply chain coordination, and a strategic review for potential options position Mercury Systems for future success.

Mercury Systems reports strong Q3 performance amidst margin challenges

Mercury Systems' Q3 performance showcased strong revenues, record bookings, and challenges in margin degradation from development programs and pandemic impacts.
Despite challenges, the company is making progress with improved yields, leadership changes, and a software fix expected to resolve issues affecting production.
Opportunities lie in margin expansion, growth prospects, and resolving challenges to improve working capital in fiscal '24 and beyond.

Mercury Systems anticipates transition year, focuses on growth and execution

Mercury Systems anticipates a transition year in FY '24 with a focus on improving execution, driving organic growth, and enhancing margins.
Challenges on certain programs impacted financial performance, but the company is confident in resolving them and improving cash flow conversion.
The company's strong strategic positioning and focus on operational efficiency bode well for future growth and margin expansion.
Guidance reflects a conservative view on improvement, with opportunities identified in addressing challenges and capitalizing on future programs.

Mercury Systems reports Q1 challenges, eyes profitability rebound

Mercury Systems faced challenges in Q1 2024 with a focus on completing challenged programs to drive profitability and improve cash flow.
Despite a decrease in revenues and challenges in program costs, the company maintained full-year guidance and anticipates better performance in the second half.
Stability improvements, a focus on material progression, and expectations of improved bookings present opportunities for enhanced profitability and cash flow.

Mercury Systems reports mixed Q2 results, lowers revenue guidance

Mercury Systems' Q2 2024 earnings call highlighted strong bookings and positive cash flow, but revenue and earnings fell short of expectations. The company revised revenue guidance downward, withdrew full-year earnings guidance, and emphasized transitioning programs to production and improving working capital management. Challenges include cost growth, program delays, and potential cash flow risks.

Mercury Systems reports record backlog and challenges in margin expansion

Mercury Systems showed progress in Q3 2024 but faced challenges with margin expansion and common processing architecture.
The company's strengths lie in improved free cash flow, resolving challenge programs, and positive outlook on future pipeline.
Opportunities in targeting the space market, transitioning programs to production, and market attractiveness are key for future growth.

Mercury Systems (MRCY) exceeds expectations in FY '24, eyes growth in FY '25

Mercury Systems (MRCY) reported strong FY '24 results, exceeding revenue and free cash flow expectations. The company aims to address challenges and capitalize on opportunities in FY '25 to drive growth and margin expansion. Focus on predictable performance, organic growth, and free cash flow improvement.

Mercury Systems (MRCY) reports strong Q1 results and eyes margin improvement in FY '25

Mercury Systems delivered robust Q1 2025 results with strong bookings and revenue growth, backed by a record backlog.
While facing challenges like negative free cash flow and supply chain constraints, the company is focused on operational improvements.
Strategic priorities and expectations for improving margins and positive free cash flow signal a promising outlook for FY '25.

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Mercury Systems, Inc. is a technology company, which engages in the delivery of processing technology for aerospace and defense missions. Its processing technologies include signal solutions, display, software applications, networking, storage, and secure processing. It operates through the following geographical segments: US, Asia Pacific, and Europe. The company was founded on July 14, 1981 and is headquartered in Andover, MA.

ANDOVER, Mass. and MUNICH, Germany, May 25, 2021 (GLOBE NEWSWIRE) -- Airbus Defence and Space and Mercury Systems, Inc., (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, have announced today that they will cooperate in the field of autonomous and flight control computer programs.

Airbus and Mercury Systems Announce Strategic Teaming Agreement to Cooperate in Technology for Autonomous Flying

ANDOVER, Mass., May 06, 2021 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, today announced that it will participate in the Goldman Sachs 2021 Industrials & Materials Conference to be held May 11-13, 2021. Management will present an overview of the Company's business on Tuesday, May 11, at 8:50 a.m. ET.

Mercury Systems to Present at the Goldman Sachs 2021 Industrials & Materials Conference

Mercury Systems (NASDAQ: MRCY) shares are trading lower after the company late Tuesday cut its FY21 guidance. The company late Tuesday reported Q3 earnings and cut its FY21 adjusted EPS guidance from $2.35-$2.42 to $2.35-$2.37 vs the consensus estimate of $2.40.

Why Shares Of Mercury Systems Are Trading Lower Today

Mercury's (MRCY) third-quarter fiscal 2021 results reflect continued deal wins and solid demand for its products.

Mercury (MRCY) Q3 Earnings & Revenues Top Estimates, Up Y/Y

Mercury Systems' (MRCY) CEO Mark Aslett on Q1 2021 Results - Earnings Call Transcript

Mercury Systems (MRCY) delivered earnings and revenue surprises of 1.59% and 1.04%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Mercury Systems (MRCY) Beats Q3 Earnings and Revenue Estimates

Shares of Mercury Systems (NASDAQ:MRCY) were unchanged after-market trading after the company reported Q3 results. Quarterly Results Earnings per share increased 6.67% over the past year to $0.64, which beat the estimate of $0.62.

Mercury Systems: Q3 Earnings Insights

Third Quarter Highlights Include: Record revenues increased 23% over prior year Backlog of $894 million increased 16% over prior year Physical Optics Corporation integration progressing well

Mercury Systems Reports Third Quarter Fiscal 2021 Results

HORSHAM, Pa.--(BUSINESS WIRE)-- #IIoT--Aegis Software, a global provider of Manufacturing Operations Management Software (MOM), announces that Mercury Systems, Inc. (NASDAQ: MRCY), a leader in trusted, secure mission-critical technologies for aerospace and defense, has selected Aegis' FactoryLogix® platform. By implementing a holistic Manufacturing 4.0 platform, Mercury will rapidly achieve a digital transformation that supports global standardization and offers extensive yet effortless configurability

Aegis Announces FactoryLogix IIoT-Based Manufacturing 4.0 Platform Selected by Mercury Systems Across 16 Factory Locations

Mercury's (MRCY) application-ready platform is highly scalable, mitigates integration costs and enables new technologies to roll out faster.

Mercury (MRCY) Unveils New Modular Solution for EW Applications

Modular, open-design approach enables users to develop once, deploy everywhere Modular, open-design approach enables users to develop once, deploy everywhere

Mercury Pioneers Ground-Breaking Rappid Application-Ready Spectrum Processing Platform to Support Full-Spectrum Superiority

End-to-end solution sets up in less than an hour, operates in both ground and airborne-based platforms End-to-end solution sets up in less than an hour, operates in both ground and airborne-based platforms

Portable jammer training system provides realistic threat emulation for radar and communications operators

ANDOVER, Mass., April 12, 2021 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, will release its third quarter fiscal year 2021 financial results after the market close on Tuesday, May 4, 2021.

Mercury Systems to report third quarter fiscal year 2021 financial results on May 4, 2021

Featuring 3rd Gen Intel Xeon Scalable processors, servers tackle AI workloads with data center-level performance Featuring 3rd Gen Intel Xeon Scalable processors, servers tackle AI workloads with data center-level performance

New rugged servers accelerate customer time to insight

NASA's Jet Propulsion Laboratory selects Mercury technology for critical science mission NASA's Jet Propulsion Laboratory selects Mercury technology for critical science mission

Mercury's solid-state data recorders headed to International Space Station

Mercury Systems (MRCY) reported earnings 30 days ago. What's next for the stock?

Mercury Systems (MRCY) Down 6.5% Since Last Earnings Report: Can It Rebound?

Modular design with easy-to-use graphical interface minimizes radar testing time and cost Modular design with easy-to-use graphical interface minimizes radar testing time and cost

New radar environment simulator simplifies system testing

ANDOVER, Mass., Feb. 18, 2021 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, announced that president and CEO Mark Aslett is a recipient of Executive Mosaic's government contracting (GovCon) 2021 Wash100 Award, a prestigious award recognizing the most influential leaders in the GovCon sector.

Mercury CEO Mark Aslett Receives Prestigious Wash100 Award

Only aerospace and defense company included on Boston Business Journal's 2021 list Only aerospace and defense company included on Boston Business Journal's 2021 list

Mercury Recognized as One of Massachusetts' Fastest-Growing Middle-Market Companies

ANDOVER, Mass., Feb. 09, 2021 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, has achieved a significant milestone with the delivery of the 1,000th ethernet routing device (ERD) to Boeing. The ERD is a rugged line-replaceable unit (LRU) designed for aviation applications where extreme temperature, shock and vibration are prevalent. It provides key networking capabilities to the AH-64E Apache helicopter.

Mercury Systems Delivers 1,000th Apache Ethernet Routing Device to Boeing

Delivers data center-level performance while maintaining data integrity at the edge Delivers data center-level performance while maintaining data integrity at the edge

New High-Performance Rugged Server Bolsters Cybersecurity for Multi-Domain Operations

Mercury's (MRCY) second-quarter fiscal 2021 results reflect continued deal wins and solid demand for its products.

Mercury (MRCY) Q2 Earnings & Revenues Top Estimates, Up Y/Y

Mercury Systems, Inc. (MRCY) CEO Mark Aslett on Q2 2021 Results - Earnings Call Transcript

Mercury Systems (MRCY) delivered earnings and revenue surprises of 8.00% and 0.48%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Mercury Systems (MRCY) Q2 Earnings and Revenues Top Estimates

Shares of Mercury Systems (NASDAQ:MRCY) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 0.00% year over year to $0.54, which beat the estimate of $0.51.

News for Mercury Systems Stock (MRCY)