Mercury Systems shares are trading lower after the company reported worse-than-expected Q4 financial results and issued FY24 adjusted EPS and revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Mercury Systems reported worse-than-expected Q4 financial results and issued FY24 adjusted EPS and revenue guidance below estimates, causing its shares to trade lower.
August 16, 2023 | 12:39 pm
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Mercury Systems' shares are trading lower due to worse-than-expected Q4 results and lower FY24 guidance.
Mercury Systems reported worse-than-expected Q4 results and issued lower FY24 guidance, which is a negative signal for investors and can lead to a decrease in the stock price.
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