Why Mercury Systems Stock Is Falling Today

Why Mercury Systems Stock Is Falling Today

Aerospace tech company Mercury Systems' (NASDAQ: MRCY) quarterly results slightly exceeded expectations, but its guidance was weak. On Tuesday after markets closed, Mercury reported fiscal third-quarter adjusted earnings of $0.64 per share on revenue of $256.86 million, topping analyst expectations of $0.62 per share in earnings on revenue of $253 million.