Recap: Mercury Sys Q1 Earnings - Mercury Sys (NASDAQ:MRCY)

Mercury Sys MRCY reported its Q1 earnings results on Tuesday, November 7, 2023 at 04:01 PM.

Here's what investors need to know about the announcement.

Mercury Sys missed estimated earnings by 233.33%, reporting an EPS of $-0.24 versus an estimate of $0.18.

Revenue was down $46.59 million from the same period last year.

Last quarter the company missed on EPS by $0.43 which was followed by a 6.89% increase in the share price the next day.

Here's a look at Mercury Sys's past performance:

Quarter	Q4 2023	Q3 2023	Q2 2023	Q1 2023
EPS Estimate	0.54	0.37	0.33	0.21
EPS Actual	0.11	0.40	0.26	0.24
Revenue Estimate	277.27M	253.59M	232.47M	217.92M
Revenue Actual	253.24M	263.48M	229.59M	227.58M

To track all earnings releases for Mercury Sys visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.