EARNINGS REPORTING - surprises, misses & more Message Board

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Non-Tech : EARNINGS REPORTING - surprises, misses & more

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To: 2MAR$ who wrote (475)	1/21/2001 10:41:32 PM
From: 2MAR$	Read Replies (1) of 762

MRCY ($49 nice boost)Shares Rise to $0.30, Beats Wall Street NEW YORK (Reuters) - Mercury Computer Systems Inc (NasdaqNM:MRCY - news) posted on Wednesday second quarter earnings per share of 30 cents, above the 26 cents reported in the prior-year period as it beat Wall Street forecast. According to research firm First Call/Thomson Financial, Mercury was expected to report second quarter earnings of 25 cents per share. The Chelmsform, Mass.-based firm said in a statement it expected third quarter earnings of 32 cents per share on revenues of about $46 million while fourth quarter income is seen at 36 cents a share on revenues of $49 million. Both earnings per share projections are in line with current analysts' forecasts. Mercury shares fell $1-9/16, or 3.5 percent, to close at $43-3/8 on Wednesday, above a year low of $17-2/16 but below a 52-week high of $68-2/16. Email this story - View most

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