‘Challenged Programs’ Hinder Mercury Systems In Q2 Of FY2024
Mercury Systems’ earnings in Q2 of FY2024 were adversely impacted by its "challenged programs."
Credit: Timon Schneider/Alamy Stock Photo
The financial fallout from Mercury Systems’ (MRCY) “challenged programs” continued in the second quarter (Q2) of FY2024 as the microelectronics supplier to the aerospace and defense industry recorded negative sales and net income. MRCY’s revenue fell to $197.5 million from $229.6 million a year...
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