mercury systems (nasdaq:mrcy) is pioneering a next generation defense electronics business model. our goal is to be the leading commercial provider of secure sensor and safety-critical processing subsystems. optimized for customer and mission success, our solutions power a wide variety of critical defense and intelligence programs. to learn more, visit www.mrcy.com.
Company profile
Ticker
MRCY
Exchange
Website
CEO
Mark Aslett
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Hubbell • Vishay Intertechnology • Snap One • FREYR Battery • Kemet • AVX • Universal Display • Vishay Precision • Intricon • Video Display ...
Former names
MERCURY COMPUTER SYSTEMS INC
SEC CIK
Corporate docs
Subsidiaries
Mercury Mission Systems, LLC • Mercury Computer Systems Limited • Mercury Mission Systems Canada, Inc. • Mercury Mission Systems International • Mercury Mission Systems International, SA • Mercury Systems SARL ...
IRS number
42741391
MRCY stock data
Latest filings (excl ownership)
SD
Conflict minerals disclosure
30 May 24
S-8
Registration of securities for employees
8 May 24
10-Q
2024 Q3
Quarterly report
7 May 24
8-K
Mercury Systems Reports Third Quarter Fiscal 2024 Results
7 May 24
8-K
Departure of Directors or Certain Officers
8 Feb 24
10-Q
2024 Q2
Quarterly report
6 Feb 24
8-K
Mercury Systems Reports Second Quarter Fiscal 2024 Results
6 Feb 24
8-K
Cost Associated with Exit or Disposal Activities
17 Jan 24
8-K
Departure of Directors or Certain Officers
15 Nov 23
S-8
Registration of securities for employees
9 Nov 23
Transcripts
MRCY
Earnings call transcript
2024 Q3
7 May 24
MRCY
Earnings call transcript
2024 Q2
6 Feb 24
MRCY
Earnings call transcript
2024 Q1
7 Nov 23
MRCY
Earnings call transcript
2023 Q4
15 Aug 23
MRCY
Earnings call transcript
2023 Q4
15 Aug 23
MRCY
Earnings call transcript
2023 Q3
2 May 23
MRCY
Earnings call transcript
2023 Q2
31 Jan 23
MRCY
Earnings call transcript
2023 Q1
2 Nov 22
MRCY
Earnings call transcript
2022 Q4
3 Aug 22
MRCY
Earnings call transcript
2022 Q3
3 May 22
Latest ownership filings
144
Notice of proposed sale of securities
18 Mar 24
144
Notice of proposed sale of securities
18 Mar 24
144
Notice of proposed sale of securities
13 Mar 24
144
Notice of proposed sale of securities
29 Feb 24
4
Change in insider ownership
28 Feb 24
4
Steven Ratner
21 Feb 24
4
Stephanie Georges
20 Feb 24
4
Douglas Munro
20 Feb 24
4
STUART KUPINSKY
20 Feb 24
4
Charles Roger IV Wells
20 Feb 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Jun 23 | Jul 22 | Jul 21 | Jul 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 142.65 mm | 142.65 mm | 142.65 mm | 142.65 mm | 142.65 mm | 142.65 mm |
Cash burn (monthly) | 8.67 mm | (no burn) | 19.07 mm | 15.46 mm | 5.94 mm | (no burn) |
Cash used (since last report) | 18.47 mm | n/a | 40.64 mm | 32.94 mm | 12.65 mm | n/a |
Cash remaining | 124.18 mm | n/a | 102.01 mm | 109.71 mm | 130.00 mm | n/a |
Runway (months of cash) | 14.3 | n/a | 5.3 | 7.1 | 21.9 | n/a |
Institutional ownership, Q4 2023
5.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 36 |
Opened positions | 5 |
Closed positions | 186 |
Increased positions | 11 |
Reduced positions | 6 |
13F shares | Current |
---|---|
Total value | 115.26 bn |
Total shares | 3.31 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Conestoga Capital Advisors | 2.45 mm | $89.61 bn |
Cambiar Investors | 278.45 k | $10.18 bn |
Raymond James & Associates | 107.17 k | $3.92 bn |
LaFleur & Godfrey | 91.82 k | $3.36 bn |
Mutual Of America Capital Management | 76.50 k | $2.80 bn |
New York State Teachers Retirement System | 61.61 k | $2.25 mm |
Cerity Partners | 45.40 k | $1.66 bn |
SG Americas Securities | 42.51 k | $1.55 mm |
Camelot Portfolios | 35.30 k | $1.29 bn |
State of Alaska, Department of Revenue | 32.09 k | $1.17 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Feb 24 | JANA Partners Management | Common Stock | Buy | Acquire P | Yes | No | 29.63 | 75,000 | 2.22 mm | 6,931,033 |
27 Feb 24 | JANA Partners Management | Common Stock | Buy | Acquire P | Yes | No | 29.21 | 284,295 | 8.30 mm | 6,856,033 |
26 Feb 24 | JANA Partners Management | Common Stock | Buy | Acquire P | Yes | No | 28.53 | 18,618 | 531.17 k | 6,571,738 |
20 Feb 24 | Steven Ratner | Common Stock | Sell | Dispose S | Yes | No | 28.75 | 129 | 3.71 k | 0 |
16 Feb 24 | Steven Ratner | Common Stock | Sell | Dispose S | No | No | 29.4202 | 251 | 7.38 k | 52,604 |
16 Feb 24 | Steven Ratner | Common Stock | Sell | Dispose S | No | No | 29.5644 | 1,644 | 48.60 k | 52,855 |
9 Feb 24 | Howard L Lance | Common Stock | Buy | Acquire P | No | No | 26.7724 | 7,485 | 200.39 k | 24,910 |
9 Feb 24 | Barry R Nearhos | Common Stock | Buy | Acquire P | Yes | No | 27.15 | 3,500 | 95.03 k | 3,500 |
9 Feb 24 | David E. Farnsworth | Common Stock | Buy | Acquire P | No | No | 28.0897 | 3,567 | 100.20 k | 126,618 |
News
JP Morgan Maintains Neutral on Mercury Sys, Raises Price Target to $26
24 May 24
Truist Securities Maintains Hold on Mercury Sys, Lowers Price Target to $26
8 May 24
12 Industrials Stocks Moving In Tuesday's After-Market Session
7 May 24
Mercury Sys Q3 2024 Adj EPS $(0.26) Misses $(0.02) Estimate, Sales $208.258M Miss $214.317M Estimate
7 May 24
L3Harris Awards Mercury a $31M Deal to Provide Solid-State Data Recorders for SDA's Tranche 2 Tracking Layer Satellites
10 Apr 24
Press releases
INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Mercury Systems Inc. to Contact Law Firm
17 May 24
Mercury Systems Reports Third Quarter Fiscal 2024 Results
7 May 24
Moore Law PLLC Investigating LOTZ, EDR, DCGO and MRCY; Shareholders are Encouraged to Contact the Firm
25 Apr 24
SHAREHOLDER ALERT: Morris Kandinov Investigating LOTZ, EDR, DCGO and MRCY; Shareholders are Encouraged to Contact the Firm
18 Apr 24
BlueHalo Awards Mercury Production Agreement to Provide Digital Signal Processing Hardware for U.S. Space Force Satellite Control System
18 Apr 24