Mercury Systems Posts Better-Than-Expected Earnings, Joins Green Dot, Arcturus Therapeutics And Other Big Stocks Moving Higher On Tuesday
Benzinga_recent_news
Aug 13
U.S. stocks were higher, with the Dow Jones index gaining around 500 points on Tuesday.
Shares of Mercury Systems, Inc. MRCY rose sharply during Tuesday's session after the company reported better-than-expected Q4 financial results.
The company reported a successful fourth quarter, with adjusted EPS of 47 cents on sales of $273.1 million, both beating analyst estimates. This performance was driven by $342 million in quarterly bookings, resulting in a robust book-to-bill ratio of 1.25.
Mercury Systems shares jumped 24.6% to $66.79 on Tuesday.
Here are some other big stocks recording gains in today’s session.
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