Mercury Systems is trading $93.70, down 10.76% in pre-market after its August 18, 2026 fiscal fourth-quarter report showed adjusted EPS of $0.37 versus the $0.39 consensus estimate.
- Revenue beat expectations, while record bookings reached $660 million and backlog exceeded $1.9 billion, offering strong demand visibility.
- Investors nevertheless focused on weaker profitability, sending shares lower after earnings.
- Shares closed August 18, 2026, at $105.00, down 7.37%, before extending losses pre-market.