Mercury Systems Inc. (MRCY) experienced a significant after-hours plunge of 11.42% following the release of its second-quarter fiscal 2026 financial results.
The decline came after the company reported a GAAP net loss of $15 million, or a loss of $0.26 per share, for the quarter. This negative bottom-line result overshadowed better-than-expected revenue and adjusted EBITDA figures, which came in at $233 million and $30 million, respectively.
Investors reacted negatively to the reported net loss, driving the stock price lower in post-market trading. The company's focus remains on its mission-critical processing platforms for aerospace and defense applications.
Comments