Mercury Systems, Inc. reported earnings results for the second quarter and six months ended December 29, 2023. For the second quarter, the company reported sales was USD 197.46 million compared to USD 229.59 million a year ago. Net loss was USD 45.58 million compared to USD 10.92 million a year ago. Basic loss per share from continuing operations was USD 0.79 compared to USD 0.19 a year ago. Diluted loss per share from continuing operations was USD 0.79 compared to USD 0.19 a year ago.
For the six months, sales was USD 378.45 million compared to USD 457.17 million a year ago. Net loss was USD 82.29 million compared to USD 25.26 million a year ago. Basic loss per share from continuing operations was USD 1.44 compared to USD 0.45 a year ago. Diluted loss per share from continuing operations was USD 1.44 compared to USD 0.45 a year ago.