Earnings Reaction Roundup: DLocal Surges, Mercury Systems Dips
- August 15th, 2023
- 476 views
DLocal Limited (Nasdaq: DLO), a global payments technology company, reported second-quarter 2023 earnings of $0.15 per share, surpassing the consensus EPS estimate of $0.13. The company's quarterly sales amounted to $161.00 million, exceeding analysts' projected revenue of $151.18 million.
In after-hours, $DLO was trading at $20.34, marking an increase of $4.84 (+31.23%).
Conversely, Mercury Systems, Inc. (Nasdaq: MRCY), a leading technology solutions provider for the defense industry, revealed fourth-quarter fiscal 2023 adjusted earnings of $0.11 per share, falling short of the consensus estimate of $0.54. The company posted quarterly sales of $253.20 million, below analysts' expected revenue of $277.27 million.
For the full fiscal-year 2024, Mercury Systems anticipates revenues to range from $950.0 million to $1.00 billion, with an adjusted EPS projection of approximately $1.14 to $1.48 per share. This contrasts with the consensus EPS estimate of $1.76 on revenue of $947.11 million for the period.
$MRCY was trading at $30.52 in after-hours, down $3.32 (-9.81%).
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