Investors bid Mercury Systems (NASDAQ:MRCY) up US$144m despite increasing losses YoY, taking one-year return to 66%

By Yahoo! Finance | 1 month ago

$Investors bid Mercury Systems (NASDAQ:MRCY) up US$144m despite increasing losses YoY, taking one-year return to 66%$

Mercury Systems, Inc. (NASDAQ:MRCY) has seen a 66% rise in share price over the past year despite a revenue shrink. Analysts suggest focusing on revenue growth and the company's financial position for long-term investment decisions.

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Investors bid Mercury Systems (NASDAQ:MRCY) up US$144m despite increasing losses YoY, taking one-year return to 66%

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