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Jan. 23, 2017, 4:49 p.m. EST

Mercury Systems shares up 7% after earnings beat

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By Claudia Assis

Shares of Mercury Systems Inc. /zigman2/quotes/204481634/composite MRCY -0.71% jumped 7% late Monday after the aerospace and defense company beat revenue and earnings expectations for the fiscal second quarter. Mercury said it earned $5.2 million, or 13 cents a share, in the quarter, up from $5 million, or 15 cents a share, in the same quarter last year. Sales reached $98 million, compared with $60 million in the same quarter a year ago. Analysts polled by FactSet had expected Mercury to report earnings of 10 cents a share on sales of $93.2 million. The stock had ended the regular trading day up 1%, which compares with gains of 0.3% for the S&P 500 index. /zigman2/quotes/210599714/realtime SPX +0.59%

/zigman2/quotes/204481634/composite
US : U.S.: Nasdaq
$ 76.91
-0.55 -0.71%
Volume: 237,707
Oct. 1, 2020 1:01p
P/E Ratio
49.58
Dividend Yield
N/A
Market Cap
$4.34 billion
Rev. per Employee
$433,597
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/zigman2/quotes/210599714/realtime
US : S&P US
3,382.96
+19.96 +0.59%
Volume: 1.11B
Oct. 1, 2020 1:01p
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