04:52 PM EST, 11/05/2024 (MT Newswires) -- Mercury Systems ( MRCY ) reported fiscal Q1 adjusted earnings late Tuesday of $0.04 per share, swinging from an adjusted loss of $0.24 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.08.

Revenue for the quarter ended Sept. 27 was $204.4 million, up from $181 million a year earlier.

Analysts surveyed by Capital IQ expected $181.8 million.

Mercury shares were up nearly 5% in recent after-hours activity.