Stock Track | Mercury Systems Plunges 12.59% in Pre-Market Following Q2 Net Loss Report
Stock Track
Feb 04
Mercury Systems experienced a significant pre-market plunge of 12.59% on Wednesday, continuing the negative momentum from the previous trading session.
The sharp decline follows the company's release of its second-quarter fiscal 2026 financial results, which revealed a GAAP net loss of $15 million, or a loss of $0.26 per share. While the company reported better-than-expected revenue of $233 million and beat adjusted earnings per share estimates, investors reacted negatively to the reported net loss.
The negative sentiment from the earnings report has continued to weigh on the stock in pre-market trading, overshadowing recent analyst price target increases from several financial institutions.
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