Mercury Systems Tops Q2 Expectations

Mercury Systems Tops Q2 Expectations

Mercury Systems rose in extended trading on Monday after the aerospace and defense company guided for upbeat earnings and revenue for the current quarter, while reporting higher-than-expected results for the most recent quarter. Shares increased more than 6%. Adjusted EPS rose to $0.30 in the three months ended Dec. 31, from $0.23 a year earlier. Analysts had expected $0.25 on average, according to Capital IQ estimates. Q2 revenue rose to […]

Read More ˃
European Equity Benchmarks Close Lower

European Equity Benchmarks Close Lower

The broad-based major European indices closed lower in Monday’s trading session, as falling mining stocks and financial companies pushed the markets into negative territory. In economic news, U.K. Prime Minister Theresa May will announce a new plan to boost the post-Brexit economy, reports the BBC. A green paper will outline ways the government can provide support to businesses by addressing regulatory barriers, agreeing to trade deals, and helping establish institutions […]

Read More ˃