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

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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.

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.

Mercury Systems: Q2 Earnings Insights

Second Quarter Highlights Include: Revenue increased 9% over prior year with 9% organic growth Bookings of $210 million yield a book-to-bill of 1.0 Record backlog of $945 million increased 30% over prior year Completed acquisition of Physical Optics Corporation

Mercury Systems Reports Second Quarter Fiscal 2021 Results

Mercury Systems (MRCY) has been struggling lately, but the selling pressure may be coming to an end soon.

Mercury Systems (MRCY) Sees Hammer Chart Pattern: Time to Buy?

ANDOVER, Mass., Jan. 14, 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 that Chief Technology Officer Dr. Bill Conley has been appointed to a six-year term on the Board of Directors of the National Defense Industrial Association (NDIA) Central Georgia Chapter. The defense trade organization, based in Arlington, Va., drives strategic dialogue in national security by identifying key issues and leveraging the knowledge and experience of its military, government, industry and academic members.

Mercury CTO Dr. Bill Conley Appointed to National Defense Industrial Association Central Georgia Chapter Board of Directors

ANDOVER, Mass., Jan. 13, 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 second quarter fiscal year 2021 financial results after the market close on Tuesday, February 2, 2021.

Mercury Systems to Report Second Quarter Fiscal Year 2021 Financial Results on February 2, 2021

Receives coveted “Trusted Supplier” designation; only U.S. OEM with multiple sites certified Receives coveted “Trusted Supplier” designation; only U.S. OEM with multiple sites certified

Mercury Systems Earns IPC-1791 Qualified Manufacturer's Certifications

Mercury (MRCY) completes the previously announced acquisition of Physical Optics, thereby driving the expansion of its robust product portfolio.

Mercury (MRCY) Completes the Buyout of Physical Optics

ANDOVER, Mass., Dec. 30, 2020 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, today announced the completion of its acquisition of Physical Optics Corporation (POC).

Mercury Systems Completes Acquisition of Physical Optics Corporation

Mercury's (MRCY) latest defense contract win for its digital subsystems underlines the company's focus on developing advanced digital signal processing and RF conversion technologies.

Mercury (MRCY) Wins $14M Signal Processing Deployment Contract

ANDOVER, Mass., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, announced it received a $14 million order from a leading defense prime contractor for digital signal processing modules for deployment in a multi-mode tactical radar application. The infusion of this advanced processing capability delivers earlier threat warnings by equipping the airborne radar with the ability to detect stealthier threats from farther away. The order was booked in the Company's fiscal 2021 first quarter and is expected to be shipped over multiple quarters.

Mercury Systems Receives $14M Order for Digital Signal Processing Modules

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Mercury's (MRCY) latest acquisition of Physical Optics will broaden its avionic product and technology portfolio, in turn increasing the company's chances of winning defense contracts.

Mercury (MRCY) Up on Physical Optics Buyout Deal Announcement

Ultra-portable, water-resistant solid-state drive integrated with industry-leading encryption Ultra-portable, water-resistant solid-state drive integrated with industry-leading encryption

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

Why Is Mercury Systems (MRCY) Up 1% Since Last Earnings Report?

Achieves #12 ranking among large Massachusetts-based companies Achieves #12 ranking among large Massachusetts-based companies

Mercury Named One of the Top Places to Work for 2020 by The Boston Globe

Robust organic growth and the American Panel acquisition aid Mercury's (MRCY) first-quarter fiscal 2021 results. Continued deal wins and solid demand for the company's products are tailwinds.

Mercury (MRCY) Surpasses Q1 Earnings & Revenue Estimates

Mercury Systems makes computing hardware, is growing at 20% per annum and runs at a consistent mid-teens cashflow margin.  No, really. The company is focused on ruggedized technology systems for use in defense applications.

Mercury Systems: A Hardware Company You May Very Well Want To Own

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

Shares of Mercury Systems (NASDAQ:MRCY) moved lower by 2.67% after the company reported Q1 results. Quarterly Results Earnings per share increased 15.91% over the past year to $0.51, which beat the estimate of $0.47.

Recap: Mercury Systems Q1 Earnings

First Quarter Highlights Include: Revenue increased 16% over prior year with 12% organic growth Revenue, net income, adjusted EBITDA, EPS and adjusted EPS exceed guidance Backlog of $826 million increased 16% over prior year

Mercury Systems Reports First Quarter Fiscal 2021 Results

Achieves #50 ranking, highest-ranked Aerospace and Defense company named to list Achieves #50 ranking, highest-ranked Aerospace and Defense company named to list

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