MRCY - Mercury Systems, Inc.

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  1. Stockaholic

    Stockaholic Content Manager

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    Mercury Systems, Inc. provides secure processing subsystems for various critical defense and intelligence programs in the United States. The company's products and solutions are deployed in approximately 300 programs with 25 defense prime contractors. Its principal programs include Aegis, Patriot, Surface Electronic Warfare Improvement Program, Gorgon Stare, Predator, F-35, and Reaper. The company also designs, markets, and licenses software and middleware environments under the MultiCore Plus name to accelerate development and execution of signal and image processing applications on a range of heterogeneous and multi-computing platforms. In addition, it offers hardware products, such as signal and image processing, multi-computer, and sensor interfaces, including embedded processing boards, switch fabric boards, high speed input/output boards, digital receiver boards, high-density memory modules, secure solid-state drives, secure GPS receiver modules, and chassis-based systems; radio frequency (RF) and microwave assemblies, such as tuners, converters, transceivers, and switch filters; and RF and microwave components, which include power amplifiers and limiters, switches, oscillators, and equalizers. The company was formerly known as Mercury Computer Systems, Inc. and changed its name to Mercury Systems, Inc. in November 2012. Mercury Systems, Inc. was founded in 1981 and is headquartered in Chelmsford, Massachusetts.
     
  2. Stockaholic

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    Mercury Systems tops Street 1Q forecasts
    CHELMSFORD, Mass. (AP) _ Mercury Systems Inc. (MRCY) on Tuesday reported fiscal first-quarter profit of $3.8 million.

    The Chelmsford, Massachusetts-based company said it had profit of 10 cents per share. Earnings, adjusted for one-time gains and costs, were 22 cents per share.

    The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.

    The maker of processing systems and software posted revenue of $87.6 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $85.2 million.

    For the current quarter ending in January, Mercury Systems expects its per-share earnings to range from 22 cents to 27 cents.

    The company said it expects revenue in the range of $91 million to $95 million for the fiscal second quarter.

    Mercury Systems expects full-year earnings in the range of $1.03 to $1.09 per share, with revenue ranging from $370 million to $380 million.

    Mercury Systems shares have increased 31 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $24.05, an increase of 39 percent in the last 12 months.
     
  3. Stockaholic

    Stockaholic Content Manager

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    IDK why but the first thing that came to mind while I was putting together this thread was MarcyDarcy (now known as @anotherdevilsadvocate here on Stockaholics) :p
     
  4. T0rm3nted

    T0rm3nted Moderator
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    Nice breakout on this one.
     
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