Mercury Systems Reports Fourth Quarter and Fiscal 2016 Results
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Noble Financial Affirms Mercury Systems (MRCY) at 'Hold'; Solid End to FY, but Valuation Full
August 3, 2016 11:37 AM EDTNoble Financial affirms Mercury Systems (Nasdaq: MRCY) with a Hold rating following Q4 results reported on Tuesday night.
Analyst Mark Jordon noted the following key points on Wednesday:
Organic Revenues Meet Expectations. At $68.8 million, organic revenues for the... MoreMercury Systems (MRCY) Tops Q4 EPS by 15c; Guides Q1 Above the Street
August 2, 2016 4:26 PM EDTMercury Systems (NASDAQ: MRCY) reported Q4 EPS of $0.29, $0.15 better than the analyst estimate of $0.14. Revenue for the quarter came in at $85.4 million versus the consensus estimate of $69.51 million.
"The fourth quarter of fiscal 2016 was marked by several major accomplishments for Mercury," stated Mark... More
