ANDOVER, Mass. (AP) — ANDOVER, Mass. (AP) — Mercury Systems Inc. (MRCY) on Tuesday reported a loss of $44.6 million in its fiscal third quarter.
On a per-share basis, the Andover, Massachusetts-based company said it had a loss of 77 cents. Losses, adjusted for one-time gains and costs, were 26 cents per share.
The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 15 cents per share.
The maker of processing systems and software posted revenue of $208.3 million in the period, also missing Street forecasts. Six analysts surveyed by Zacks expected $212 million.
Mercury Systems expects full-year revenue in the range of $800 million to $850 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MRCY at https://www.zacks.com/ap/MRCY
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