By Kelly Cloonan
Mercury Systems logged better-than-expected results in its latest quarter and posted quarterly results above Wall Street's expectations. The aerospace and defense company posted an adjusted profit of 47 cents a share for the fiscal fourth quarter, topping estimates of 22 cents a share, according to analysts surveyed by FactSet. Revenue jumped to $273.1 million, well ahead of analyst estimates for $244 million. Shares rose 5.9%, to $56.74, after market close.
Fluence Energy said it sees its full-year revenue at the low-end of its guidance range given a slower-than-expected ramp up in production at its recently commissioned U.S. manufacturing facilities. The company logged higher profit in its latest quarter, while revenue missed analyst estimates, according to FactSet. Shares fell 14%, to $7.82, in after-hours trading.
Celanese said it expects demand to worsen across most of its key end markets during the second half of the year. The chemicals and plastics company also said it will take a $25 million hit from reducing inventory, prompting it to issue weaker-than-expected guidance for the current quarter. Shares fall 15%, to $40.30, in after-hours trading.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
August 11, 2025 20:17 ET (00:17 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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