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MRCY - Mercury Systems: A Troubling Year Shows In The Earnings Results
May, 09 2024 09:39 AM
Mercury Systems Inc
2024-05-09 09:39:11 ET
Summary Mercury Systems' revenues declined 21% and margins were eroded, reflecting the challenges the company is facing. The main pain points for Mercury Systems are fixed price development programs and challenged programs, which are causing margin pressure. Despite progress in completing programs and retiring risk, the stock is overvalued and not a good investment opportunity at the moment. ...
For further details see:
Mercury Systems: A Troubling Year Shows In The Earnings Results
Stock Information
Company Name:
Mercury Systems Inc
Stock Symbol:
MRCY
Market:
NASDAQ
Website:
mrcy.com
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