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Mercury Systems: Fiscal Q4 Earnings Snapshot
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ANDOVER, Mass. (AP) — ANDOVER, Mass. (AP) — Mercury Systems Inc. (MRCY) on Tuesday reported fiscal fourth-quarter net income of $798,000.

On a per-share basis, the Andover, Massachusetts-based company said it had profit of 1 cent. Earnings, adjusted for one-time gains and costs, came to 37 cents per share.

The results matched Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 37 cents per share.

The maker of processing systems and software posted revenue of $289.8 million in the period, exceeding Street forecasts. Five analysts surveyed by Zacks expected $265 million.

For the year, the company reported a loss of $29.7 million, or 50 cents per share. Revenue was reported as $983.6 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MRCY at https://www.zacks.com/ap/MRCY

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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