Market Overview

Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Mercury Systems, Inc. Investors


Law Offices of Howard G. Smith announces that a class action lawsuit has
been filed on behalf of investors that purchased Mercury Systems, Inc.
("Mercury" or the "Company") (NASDAQ: MRCY)
securities between October 24, 2017 and April 24, 2018, inclusive
(the "Class Period"). Mercury investors have until September 10, 2018 to
file a lead plaintiff motion.

Investors that suffered losses on their Mercury investments are
encouraged to contact the Law Offices of Howard G. Smith to discuss
their legal rights in this class action at 888-638-4847 or by email to

On April 24, 2018, Mercury announced its financial and operating results
for the quarter ending March 31, 2018. In a conference call discussing
Mercury's quarterly results, the Company's Chief Financial Officer
stated that Mercury had been aware for the "last couple quarters" of
certain customer trends in managing cash in their accounts payable, and
of Mercury's need to reduce accounts payable related to its inventory
build, both of which directly impacted Mercury's cash flow for the
quarter ended March 31, 2018. On this news, Mercury's share price fell
$8.02, or 18.68%, to close at $34.91 on April 25, 2018, thereby injuring

The complaint filed in this class action alleges that, throughout the
Class Period Defendants made false and/or misleading statements and/or
failed to disclose that: (1) Mercury's decision to in-source processing
was adversely impacting Mercury's operating margins and free cash-flow
generation and conversion; (2) Mercury's model was becoming structurally
more working capital intensive; and (3) as a result of the foregoing,
Mercury's public statements were materially false and misleading at all
relevant times.

If you purchased shares of Mercury during the Class Period, have
information or would like to learn more about these claims, or have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Howard G. Smith, Esquire, of
Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888)
638-4847, or by email to,
or visit our website at

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

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