{"filings":[{"id":2327517,"accession_number":"0001049521-26-000043","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2026-08-18T20:01:05+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mercury Systems Q4 revenue $290M (+6.1%), record bookings $660M, backlog $1.9B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $290M (+6.1% YoY); GAAP EPS $0.01 vs $0.27; adjusted EPS $0.37 vs $0.47.","Record Q4 bookings $660M (+93.1% YoY), book-to-bill 2.28; backlog $1.9B (+38.4%).","FY26 revenue $984M (+7.9% YoY); GAAP net loss $30M ($0.50/share) vs $38M loss; adjusted EPS $1.06 vs -$0.64.","FY26 adjusted EBITDA $150M vs $119M; free cash flow $68M vs $119M.","CEO says results ahead of expectations; raises FY27 organic growth outlook."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":90894,"accession_number":"0001049521-26-000021","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2026-05-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mercury Systems Q3 FY26: Record bookings $348M, revenue up 11.5% YoY, adjusted EBITDA up 46.2%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Record Q3 bookings of $348M, up 73.7% YoY; book-to-bill 1.48; backlog $1.6B, up 17.9% YoY.","Revenue $236M, +11.5% YoY; GAAP net loss $3M ($0.04 loss per share) vs. loss of $19M ($0.33).","Adjusted EPS $0.27 vs $0.06; adjusted EBITDA $36M, +46.2% YoY; margin 15.3%.","Cash from operations $6M; free cash flow -$2M vs $24M prior year.","Management cites solid execution and strong demand signals for better-than-expected results."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.51,"consensus_revenue_estimate":null,"consensus_revenue_actual":693840000.0,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100735,"accession_number":"0001049521-26-000004","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2026-02-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mercury Systems Q2 FY26 revenue $233M, net loss narrows to $15M, adjusted EBITDA up 36%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net loss of $15M ($0.26 loss per share) vs loss of $18M ($0.30) a year ago; loss narrowed.","Revenue of $233M, up 4.5% YoY; bookings $288M (1.23 book-to-bill); record backlog $1.5B.","Adjusted EBITDA $30M (12.9% margin), up 36.3% YoY; adjusted EPS $0.16 vs $0.07.","Operating cash flow $52M; free cash flow $46M, down from $82M a year ago."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.47,"consensus_revenue_estimate":null,"consensus_revenue_actual":458081000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117033,"accession_number":"0001049521-25-000060","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2025-11-04T23:59:59+00:00","items":["1.01","2.02","2.03","8.01","9.01"],"status":"ready","headline":"Mercury Systems Q1 revenue up 10% to $225M; record backlog $1.4B; board authorizes $200M buyback","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $225.2M (+10.2% YoY); GAAP net loss $12.5M ($0.21/sh) improves from $17.5M loss.","Adjusted EBITDA $35.6M (+66% YoY); adjusted EPS $0.26 vs $0.04.","Bookings $250.2M, book-to-bill 1.11; backlog $1.4B record (+6.5% YoY).","Operating cash flow $2.2M vs $(14.7)M; free cash flow $(4.4)M improves $16.5M.","Board authorized $200M share repurchase; amended credit facility to $850M maturing 2030."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.21,"consensus_revenue_estimate":null,"consensus_revenue_actual":225209000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117032,"accession_number":"0001049521-25-000057","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2025-10-28T23:59:59+00:00","items":["5.02","5.07","8.01"],"status":"ready","headline":"Mercury Systems elects Class I and II directors, approves 2025 LTIP, and appoints Ballhaus Chairman","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders elected Ballhaus, Disbrow, Lance as Class I directors (3-year term) and Bua as Class II director (1-year term).","Advisory vote on executive compensation passed with 52.4M for vs 2.5M against.","2025 Long-Term Incentive Plan approved with 45.6M for vs 9.2M against.","KPMG LLP ratified as independent auditor for fiscal 2026 with 56.4M for.","Board elected Ballhaus Chairman, Nearhos Lead Independent Director, and set committee chairs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133464,"accession_number":"0001049521-25-000022","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2025-08-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mercury Q4 FY25: record bookings $341.5M, revenue $273.1M (+9.9% YoY), GAAP net income $16.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 FY25 revenue $273.1M (+9.9% YoY); GAAP net income $16.4M vs loss $10.8M a year ago.","Record quarterly bookings $341.5M; book-to-bill 1.25; record backlog $1.40B (+6% YoY).","Full year FY25 revenue $912.0M (+9.2% YoY); GAAP net loss $37.9M improved from $137.6M loss.","Adjusted EBITDA Q4 $51.3M (18.8% margin) vs $31.2M; full year $119.4M vs $9.4M.","Free cash flow FY25 record $119.0M vs $26.1M; adjusted EPS Q4 $0.47 vs $0.23."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.65,"consensus_revenue_estimate":null,"consensus_revenue_actual":912020000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150146,"accession_number":"0001049521-25-000014","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mercury Systems Q3 FY2025 revenue $211.4M, adjusted EBITDA $24.7M, net loss narrows to $19.2M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $211.4M (+1.5% YoY); GAAP net loss $19.2M ($0.33/sh) improved from $44.6M loss a year ago.","Adjusted EPS $0.06 vs $(0.26); adjusted EBITDA $24.7M (11.7% margin) vs $(2.4M).","Bookings $200.4M; backlog $1.34B (+4% YoY); trailing 12-month book-to-bill 1.1.","Operating cash flow $30.0M; free cash flow $24.1M, up $49.8M YoY.","Year-to-date revenue growth 8.9%; CEO cites solid execution and progress on four priority areas."],"consensus_eps_estimate":0.0889,"consensus_eps_actual":-0.93,"consensus_revenue_estimate":null,"consensus_revenue_actual":638914000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150145,"accession_number":"0001049521-25-000011","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2025-04-01T23:59:59+00:00","items":["2.02","5.02"],"status":"ready","headline":"Mercury Systems COO Charles Wells departs; CFO Farnsworth gets expanded role and $1M RSU","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["COO Charles R. Wells IV departing for CEO role at private company; effective immediately.","Chairman & CEO William Ballhaus to lead business operations group; senior leaders report to him.","CFO David E. Farnsworth assumes expanded responsibilities including management operating system, technology investment strategy, and operational performance.","Farnsworth granted $1M RSU under 2018 Stock Incentive Plan, vesting over 3 years with accelerated vesting if remains through Aug 2026 or terminated without cause.","Company reiterates FY2025 guidance; no specific numbers provided."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169149,"accession_number":"0001049521-25-000007","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2025-02-04T23:59:59+00:00","items":["2.02","2.05","9.01"],"status":"ready","headline":"Mercury Systems Q2 FY2025 revenue $223.1M, up 13% YoY; adjusted EBITDA $22.0M; workforce reduction of 145 positions","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 FY2025 revenue $223.1M (+13% YoY); GAAP net loss $17.6M ($0.30 loss per share), improved from $45.6M loss ($0.79) YoY.","Adjusted EPS $0.07 vs $(0.42) YoY; adjusted EBITDA $22.0M (9.9% margin) vs $(21.3M) a year ago.","Record backlog $1.4B, up 6% YoY; bookings $242.4M, book-to-bill 1.09; record free cash flow $81.9M, up $44.4M YoY.","Workforce reduction of ~145 positions (primarily R&D and COGS) expected to yield ~$15M annualized savings, with ~$5M restructuring charges in Q3 FY2025."],"consensus_eps_estimate":0.2295,"consensus_eps_actual":-0.6,"consensus_revenue_estimate":null,"consensus_revenue_actual":427556000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169148,"accession_number":"0001049521-25-000003","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2025-01-06T23:59:59+00:00","items":["5.02","7.01","8.01","9.01"],"status":"ready","headline":"Mercury Systems board changes: Roger Krone departs, Jean Bua appointed","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Roger Krone departed Board effective Jan 6, 2025 to focus on his role as CEO of Boy Scouts of America.","Jean Bua, CFO of NetScout Systems, appointed as independent Class II director; joins Audit and Government Relations Committees.","Bua will receive a restricted stock award valued at $225,000, vesting 50% on each of the first two anniversaries.","Board size remains nine members; committee composition updated under Item 8.01."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186205,"accession_number":"0001049521-24-000042","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2024-11-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mercury Systems Q1 FY2025 revenue $204.4M (+13% YoY); net loss narrows to $17.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $204.4M (+13% YoY); GAAP net loss $17.5M ($0.30 loss per share) vs loss $36.7M ($0.64) a year ago.","Adjusted EBITDA $21.5M (10.5% margin) vs $2.0M; adjusted EPS $0.04 vs $(0.24) in Q1 FY2024.","Bookings $247.7M (book-to-bill 1.21), up 29% YoY; record backlog $1.34B, up 16% YoY.","Free cash flow $(20.9)M improved from $(47.1)M in prior-year quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":204431000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186204,"accession_number":"0001049521-24-000039","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2024-10-28T23:59:59+00:00","items":["5.02","5.07","8.01"],"status":"ready","headline":"Mercury Systems elects three Class III directors and approves advisory say-on-pay and ESPP at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Orlando Carvalho, Barry Nearhos, Debora Plunkett elected as Class III directors for three-year term ending 2027.","Advisory vote on executive compensation approved: 38.4M for, 15.4M against.","Shareholders approved 2024 Employee Stock Purchase Plan (53.9M for, 116K against).","KPMG LLP ratified as independent auditor for fiscal 2025 (55.8M for).","Board elected William L. Ballhaus as Chairman and Barry R. Nearhos as Lead Independent Director."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202838,"accession_number":"0001049521-24-000027","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2024-08-13T23:59:59+00:00","items":["1.01","2.02","2.03","9.01"],"status":"ready","headline":"Mercury Systems amends credit facility to $900M and reports Q4 FY2024 earnings with $31.2M adjusted EBITDA","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Mercury Systems entered Amendment No. 6 to its credit agreement, permanently reducing commitments from $1.1B to $900M.","The amendment temporarily caps revolving loans at $750M until consolidated EBITDA reaches $75M for trailing twelve months.","Permitted receivables factoring increased from $60M to $100M under the amended credit agreement.","Q4 FY2024 revenue was $248.6M, with GAAP net loss of $10.8M and adjusted EBITDA of $31.2M.","Record backlog of $1.33B, up 16% year-over-year, with $284.4M in bookings and book-to-bill of 1.14."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219024,"accession_number":"0001049521-24-000023","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2024-06-18T23:59:59+00:00","items":["2.05","7.01","9.01"],"status":"ready","headline":"Mercury Systems cuts ~100 jobs in restructuring phase, appoints SVP of Operations","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Workforce reduction of about 100 positions; expects $5M restructuring charges in fiscal Q4 ending June 28, 2024.","Annualized savings of ~$15M from headcount and non-headcount cuts; part to be reinvested, rest to boost profitability.","Tod Brindlinger appointed SVP of Operations, effective June 10, reporting to COO Roger Wells.","Second phase of reorganization consolidating two divisions into one, creating business units Signal Technologies, Processing Technologies, Integrated Processing Solutions.","Chairman and CEO Bill Ballhaus cites progress in integration to unlock growth potential."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219023,"accession_number":"0001049521-24-000015","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2024-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mercury Systems Q3 FY24 revenue $208.3M, GAAP net loss $44.6M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $208.3M, down 21% YoY from $263.5M; GAAP net loss $(44.6)M ($0.77 loss per share) vs net income $5.2M.","Adjusted EPS $(0.26); adjusted EBITDA $(2.4)M, down from $43.5M in Q3 FY23.","Bookings $219.9M, book-to-bill 1.06; backlog $1.29B, up 17% YoY.","Free cash flow $(25.7)M; cash from operations $(17.8)M.","CEO cites transitory impacts in one portfolio subset but expects clearer path to growth in FY25."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":586712000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.78,"calibrated_materiality_score":0.78,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":238906,"accession_number":"0001049521-24-000011","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2024-02-08T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Mercury Systems appoints Douglas Munro as VP and Chief Accounting Officer effective Feb 12","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Douglas Munro promoted to VP and CAO effective Feb 12, 2024, reporting to CFO Dave Farnsworth.","Munro joined Mercury in 2012, most recently as Corporate Controller; holds CPA and MBA.","Predecessor Michelle McCarthy left for another role outside the company; no disagreement cited.","Munro received a restricted stock award of $100K vesting over four years."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":238905,"accession_number":"0001049521-24-000006","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2024-02-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mercury Q2 FY2024 revenue $197.5M, GAAP net loss $45.6M, bookings near-record $325.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $197.5M vs $229.6M YoY; GAAP net loss ($45.6M) vs ($10.9M); GAAP EPS ($0.79) vs ($0.19).","Adjusted EPS ($0.42) vs $0.26 YoY; adjusted EBITDA ($21.3M) vs $35.7M.","Bookings $325.4M, book-to-bill 1.65; backlog $1.28B up $160.5M YoY.","Operating cash flow $45.5M; free cash flow $37.5M vs $22.2M prior year.","Consolidated operations into single unit, expects $20M annual run-rate savings."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.44,"consensus_revenue_estimate":null,"consensus_revenue_actual":378454000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":238904,"accession_number":"0001049521-24-000003","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2024-01-17T23:59:59+00:00","items":["2.05","5.02","7.01","9.01"],"status":"ready","headline":"Mercury Systems cuts ~100 jobs, expects $10-12M restructuring charge; names Roger Wells COO","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Workforce reduction of ~100 positions with expected restructuring charges of $10-12M in fiscal Q3 ending March 29, 2024.","Consolidates Mission Systems and Microelectronics divisions into one unified structure to simplify organization.","Appoints Charles R. Wells IV as EVP, COO effective Jan 22, 2024; base salary $450K, bonus target 110%, LTIP target $1.4M plus $500K promotion awards.","Christine Harbison (Chief Growth Officer) and Allen Couture (EVP Execution Excellence) departing after transition period."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":256389,"accession_number":"0001049521-23-000055","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2023-11-15T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Mercury Systems announces departure of Mission Systems President James Stevison, effective Dec 1, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["James M. Stevison departing as EVP and President of Mission Systems division on Dec 1, 2023.","CEO Bill Ballhaus will lead division until a permanent replacement is identified.","Stevison joined Mercury in Oct 2021 as Chief Growth Officer and became division President in Oct 2022.","Stevison is leaving to pursue a new opportunity outside the company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":256388,"accession_number":"0001049521-23-000045","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2023-11-07T23:59:59+00:00","items":["1.01","2.02","2.03","9.01"],"status":"ready","headline":"Mercury Systems Q1 revenue $181M (-20% YoY), GAAP loss $0.64; reaffirms FY24 outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $181.0M, down from $227.6M YoY; GAAP net loss $36.7M ($0.64 loss per share) vs $14.3M loss prior.","Adjusted EPS $(0.24) vs $0.24 prior; adjusted EBITDA $2.0M vs $31.2M prior.","Free cash flow -$47.1M vs -$73.4M prior; bookings $191.5M, book-to-bill 1.06; backlog $1.15B.","Reiterated full-year FY2024 guidance; completed 2 of 20 challenged programs, on track to complete 5 by H1.","Amended credit facility to temporarily raise leverage covenant to 5.25x for Q2 due to government shutdown uncertainty."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.64,"consensus_revenue_estimate":null,"consensus_revenue_actual":180991000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":256387,"accession_number":"0001049521-23-000043","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2023-10-31T23:59:59+00:00","items":["5.02","5.07","8.01"],"status":"ready","headline":"Mercury Systems elects directors, approves stock plan, appoints Ballhaus Chairman","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Shareholders elected DeMuro, Krone, Ostfeld as Class II directors for three-year terms through 2026.","Advisory say-on-pay approved with 51.6M for vs 1.5M against; frequency set at one year.","Amended 2018 Stock Incentive Plan approved with 48.1M for vs 5.0M against.","KPMG ratified as independent auditor for fiscal 2024 with 54.6M for vs 378k against.","Board elected William L. Ballhaus as Chairman and Barry R. Nearhos as Lead Independent Director."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":273794,"accession_number":"0001049521-23-000029","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2023-08-15T23:59:59+00:00","items":["2.02","2.05","5.02","7.01","9.01"],"status":"ready","headline":"Mercury Systems appoints Bill Ballhaus permanent CEO; Q4 net loss $8.2M, cuts 150 jobs","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Bill Ballhaus appointed President and CEO effective Aug 15, 2023; previously interim CEO since June 24.","Workforce reduction of ~150 positions approved Aug 9, 2023, with expected restructuring charges of ~$9M and annual net savings of ~$24M.","Q4 FY2023 revenue $253.2M (down 13% YoY), GAAP net loss $8.2M ($0.15 loss per share), adjusted EPS $0.11.","Full year FY2023 revenue $973.9M (down 1.4% YoY), GAAP net loss $28.3M ($0.50 loss per share), adjusted EBITDA $132.3M.","Cost savings plan targets FY2024 net savings of $20-22M and $24M annualized; challenged programs impacted EBITDA by ~$56M in FY2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":273793,"accession_number":"0001049521-23-000027","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2023-07-20T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Mercury Systems EVP & Chief Transformation Officer Thomas Huber to depart July 18, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Thomas Huber, EVP and Chief Transformation Officer, leaves Mercury Systems effective July 18, 2023.","Departure follows consolidation of 1MPACT value-creation initiative into Execution Excellence organization.","Huber will receive severance under the company's standard non-CEO executive severance agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":273792,"accession_number":"0001049521-23-000023","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2023-07-07T23:59:59+00:00","items":["1.01","5.02","7.01","9.01"],"status":"ready","headline":"Mercury Systems appoints JANA's Scott Ostfeld to Board; Ballhaus becomes Chairman","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Appointed Scott Ostfeld (Managing Partner at JANA Partners, ~8% holder) as Class II director; JANA agreed to vote for Company nominees.","William Ballhaus, Interim CEO, becomes Chairman; William O'Brien and Mary Louise Krakauer retire from Board at 2023 annual meeting.","Board reduced by two seats to nine directors; five of nine appointed in past two years.","Ostfeld to serve on Human Capital/Compensation and M&A/Finance Committees; involved in CEO search.","JANA granted voting flexibility if ISS or Glass Lewis recommends against stock incentive plan amendment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290862,"accession_number":"0001049521-23-000018","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2023-06-29T23:59:59+00:00","items":["5.02","7.01","8.01","9.01"],"status":"ready","headline":"Mercury Systems names David Farnsworth CFO; adds former Leidos CEO Roger Krone to board","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["David Farnsworth named EVP, CFO, Treasurer effective July 17; base salary $450k, target bonus 110%, LTI $1.5M, $200k sign-on, $3M new-hire equity.","Roger Krone, former Leidos Chairman and CEO, appointed independent director effective June 28; serves on Nominating & Governance and M&A committees.","Michelle McCarthy ends interim CFO role, remains CAO; awarded $215k cash and $200k restricted stock vesting over four years.","Board committee composition updated with new appointments; committees now reflect recent director additions DeMuro and Krone."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290861,"accession_number":"0001049521-23-000015","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2023-06-23T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Mercury Systems ends sale process, appoints Bill Ballhaus interim CEO after Mark Aslett resigns","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board concluded strategic alternatives review; no sale option reflected intrinsic value, will focus on enhanced execution under refreshed leadership.","Mark Aslett resigned as President and CEO effective June 24, 2023; Board disputes his claim of 'good reason' termination.","William L. Ballhaus appointed interim President and CEO; search for permanent CEO begun with executive search firm.","Gerard DeMuro appointed independent director; second independent director (former aerospace CEO) expected soon.","Permanent CFO identified; announcement expected in coming weeks; Michelle McCarthy to remain as CAO."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290860,"accession_number":"0001049521-23-000007","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2023-05-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mercury Systems Q3 revenue up 4% but adjusted EPS drops; cuts full-year guidance by $34-44M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $263.5M (+4% YoY); GAAP net income $5.2M ($0.09 EPS) vs $4.1M ($0.07) prior year.","Adjusted EPS $0.40, down from $0.57; adjusted EBITDA $43.5M vs $52.5M YoY.","Full-year FY2023 guidance lowered: GAAP net income reduced $34M, adjusted EBITDA reduced $44M at midpoint.","Backlog $1.10B (+$103.2M YoY); bookings $245M with book-to-bill ratio of 0.93.","Free cash flow negative $12.7M; management cites shift to development programs and supply chain headwinds."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.36,"consensus_revenue_estimate":null,"consensus_revenue_actual":720646000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":311716,"accession_number":"0001049521-23-000002","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2023-01-31T23:59:59+00:00","items":["2.02","5.02","7.01","9.01"],"status":"ready","headline":"Mercury Systems Q2 rev $229.6M (+4%), GAAP loss $10.9M; CFO departs, strategic review launched","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Revenue $229.6M (+4% YoY); GAAP net loss $10.9M ($0.19 loss per share); adjusted EPS $0.26 vs $0.39 prior year.","Bookings $270.3M, book-to-bill 1.18; record backlog $1.12B; free cash flow $22.2M.","Board approved exploration of strategic alternatives including potential sale of company.","CFO Michael Ruppert departs Feb 17, 2023; Michelle McCarthy named interim CFO, receives $200k restricted stock award."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":330282,"accession_number":"0001049521-22-000060","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2022-11-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mercury Systems Q1 bookings up 34% to $266.9M, backlog record $1.08B; GAAP loss widens","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Bookings $266.9M (+34% YoY), book-to-bill 1.17; backlog $1.08B (+22% YoY).","Revenue $227.6M (+1.2% YoY); GAAP net loss $14.3M (-$0.26) vs loss $7.1M (-$0.13).","Adjusted EPS $0.24 vs $0.41; adjusted EBITDA $31.2M vs $38.3M.","Free cash flow -$73.4M vs -$7.4M; operating cash flow -$66.0M.","Company raised low end of FY23 revenue and adjusted EBITDA guidance."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.26,"consensus_revenue_estimate":null,"consensus_revenue_actual":227579000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":330281,"accession_number":"0001049521-22-000058","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2022-10-31T23:59:59+00:00","items":["5.02","5.07","8.01"],"status":"ready","headline":"Say-on-pay rejected at Mercury Systems annual meeting; O'Brien named Chairman","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders voted against advisory executive compensation resolution: 39.4M against vs 9.7M for (80% opposed).","Three Class I directors elected: William Ballhaus, Lisa Disbrow, Howard Lance; each received majority support.","Amended 2018 Stock Incentive Plan approved with 46.4M for, 4.8M against.","Ratification of KPMG as FY2023 auditor approved with 52.9M for, 0.2M against.","William K. O'Brien elected Chairman of the Board following the annual meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":330280,"accession_number":"0001049521-22-000053","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2022-10-28T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Mercury Systems amends bylaws with enhanced advance notice and universal proxy provisions","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["New advance notice deadline: stockholder proposals due 90-120 days before prior annual meeting anniversary.","Increased disclosure requirements: beneficial ownership, synthetic equity, litigation history, and material agreements.","Director nominees must provide background info, compliance representations, and intent to serve full term.","Universal proxy rule compliance: solicitations must follow Rule 14a-19; white proxy card reserved for Board.","Special meeting requests require written request to Board for record date and detailed disclosures."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":347840,"accession_number":"0001049521-22-000043","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2022-08-10T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Mercury Systems files shareholder engagement presentation; no material financial updates","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Presentation prepared for upcoming shareholder meetings; no specific business or financial results disclosed.","Filing includes forward-looking statements and non-GAAP financial measures as described on page 2 of exhibit.","Regulation FD disclosure; information is not deemed filed or incorporated by reference."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":347839,"accession_number":"0001049521-22-000040","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2022-08-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mercury Systems Q4 revenue $290M (+16% YoY), record bookings $332M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $16.9M ($0.30 EPS) vs $17.9M ($0.32 EPS) year ago; adjusted EPS $0.81 vs $0.73.","Full-year FY2022 revenue $988.2M; GAAP net income $11.3M ($0.20 EPS) vs $62.0M ($1.12 EPS) in FY2021.","Record backlog $1.04B, up $128.1M from prior year; $646.7M expected to be recognized within 12 months.","Q4 free cash flow negative $27.6M vs positive $16.3M year ago; full-year FCF negative $46.5M.","Organic revenue in FY2022 $870.4M, down 5% YoY; company cites supply chain and labor headwinds."],"consensus_eps_estimate":null,"consensus_eps_actual":0.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":988197000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":364368,"accession_number":"0001049521-22-000034","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2022-06-24T23:59:59+00:00","items":["1.01","3.03","5.02","7.01","8.01","9.01"],"status":"ready","headline":"Mercury Systems appoints two directors, enters cooperation with JANA and Starboard","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Howard Lance (ex-Maxar CEO) and Bill Ballhaus (ex-Blackboard CEO) appointed to board, effective immediately.","Board temporarily expanded from 9 to 11 directors; will return to 9 after 2022 annual meeting.","Rights agreement amended to raise ownership threshold from 7.5% to 10% (20% for passive institutions).","Cooperation agreements include standstill, voting provisions; activists will vote for board nominees.","New directors added to key committees; Ballhaus on Audit, Lance on Compensation and Government Relations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":364367,"accession_number":"0001049521-22-000029","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2022-06-07T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Mercury Systems presents at William Blair Growth Stock Conference; no material new information disclosed","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Presentation at William Blair 42nd Annual Growth Stock Conference on June 7, 2022.","Exhibit 99.1 contains presentation slides; only title and forward-looking disclaimers.","No specific financial guidance, earnings, or operational updates provided.","Disclosure furnished under Regulation FD; no admission of materiality."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":364366,"accession_number":"0001049521-22-000016","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2022-05-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mercury Systems Q3 FY2022: Record bookings $295M, but GAAP EPS drops to $0.07 from $0.28 YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Record bookings of $295M (+41% YoY); book-to-bill 1.17; backlog hits record $996M.","Revenue $253.1M (down 1.5% YoY); GAAP net income $4.1M ($0.07 EPS) vs $15.6M ($0.28 EPS) YoY.","Adjusted EPS $0.57 vs $0.64 YoY; adjusted EBITDA $52.5M vs $54.8M.","Operating cash flow turned negative at ($4.3M) vs positive $23.2M YoY; free cash flow ($10.3M).","Refinanced credit facility to $1.1B; expects return to organic growth in Q4 and FY2023, citing supply chain risks."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.1,"consensus_revenue_estimate":null,"consensus_revenue_actual":698468000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":384078,"accession_number":"0001049521-22-000013","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2022-02-28T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Mercury Systems upsizes revolver to $1.1B, extends maturity to 2027","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving credit facility increased from $750M to $1.1B; maturity February 28, 2027.","Maximum net leverage ratio raised to 4.50x (5.00x for four quarters following a material acquisition).","Outstanding borrowings unchanged at $451.5M; initial interest rate SOFR plus 1.250%.","Quarterly commitment fee on unused portion initially set at 0.20% per annum, subject to pricing grid."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":384077,"accession_number":"0001049521-22-000007","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2022-02-08T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Mercury Systems implements early, larger equity retention plan for execs and 100+ leaders","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Aslett gets $6.3M performance stock + $6.3M restricted stock on Feb 15, 2022; CFO and GC each get $1.93M and $800k respectively.","Awards granted ~6 months early for fiscal 2023; larger than normal annual compensation.","Plan covers executive leadership and over 100 additional leaders; cited challenging industry environment and labor market.","Additional stock-comp expense of $1.1M ($0.02/shr) for Q3 FY2022 and $3.4M ($0.06/shr) for FY2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":384076,"accession_number":"0001049521-22-000002","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2022-02-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mercury Systems Q2 FY2022: GAAP loss of $0.05/sh, adj EPS $0.39, revenue up 5%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $220.4M (+5% YoY); GAAP net loss $(2.6)M vs. profit of $12.7M a year ago.","Adjusted EPS $0.39 (down from $0.54); adjusted EBITDA $38.1M (down from $45.3M).","Bookings $237M, book-to-bill 1.08; total backlog $953.7M.","Free cash flow $(1.2)M vs. $10.2M prior year; completed Avalex and Atlanta Micro acquisitions.","Expects stronger H2 bookings and return to growth in fiscal 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.18,"consensus_revenue_estimate":null,"consensus_revenue_actual":445393000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":401915,"accession_number":"0001049521-21-000066","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2021-12-29T23:59:59+00:00","items":["1.01","3.03","5.03","9.01"],"status":"ready","headline":"Mercury Systems adopts one-year shareholder rights plan with 7.5% trigger","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board unanimously adopted Rights Plan to protect shareholder value amid perceived undervaluation of shares.","Rights trigger at 7.5% beneficial ownership (10% for passive institutional investors).","Each Right entitles holder to purchase preferred shares worth twice the market value of common shares upon trigger.","Rights expire after one year; distributed as a dividend to stockholders of record on January 10, 2022.","Plan designed to allow Board time to evaluate any unsolicited acquisition offers and negotiate full value."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":401914,"accession_number":"0001049521-21-000058","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2021-11-29T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Mercury Systems acquires Atlanta Micro for $90M all-cash; expected to be immediately accretive","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired Atlanta Micro for $90M all-cash, funded via existing revolving credit facility.","Atlanta Micro expected to contribute ~$16M revenue in 2022 with >30% adjusted EBITDA margins.","Acquisition immediately accretive to adjusted EPS; non-material impact in FY Q2 ending Dec 31, 2021.","Fourth acquisition in 12 months; expands RF/MMIC portfolio for EW, radar, weapons."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":401913,"accession_number":"0001049521-21-000049","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2021-11-08T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Mercury Systems completes all-cash acquisition of Avalex Technologies","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Avalex acquired for all cash, subject to net working capital and net debt adjustments; funded via cash on hand and existing revolver.","Transaction treated as asset sale for tax purposes; no purchase price disclosed.","Acquisition aligns with Mercury's strategy to address C4I and platform/mission management markets.","Mercury President and CEO Mark Aslett highlighted execution of seamless integration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":401912,"accession_number":"0001049521-21-000047","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2021-11-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mercury Systems Q1 FY22 revenue up 9% to $225M; GAAP net loss; announces Avalex acquisition","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $225M (+9% YoY); GAAP net loss $7.1M (-$0.13/share) vs net income $15.8M ($0.29) a year ago.","Adjusted EPS $0.41 vs $0.51 YoY; adjusted EBITDA $38.3M vs $42.8M.","Free cash flow negative $7.4M vs positive $12.0M; operating cash flow negative $2.0M.","Bookings $199.3M, book-to-bill 0.89; total backlog $883.9M (+$57.8M YoY).","Announced definitive agreement to acquire Avalex Technologies to scale avionics/mission systems capabilities."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.13,"consensus_revenue_estimate":null,"consensus_revenue_actual":225013000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":401911,"accession_number":"0001049521-21-000044","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2021-11-01T23:59:59+00:00","items":["5.02","5.07","8.01"],"status":"ready","headline":"Mercury Systems announces election of directors and board committee appointments at 2021 Annual Meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Three Class III directors elected: Orlando P. Carvalho, Barry R. Nearhos, Debora A. Plunkett for terms ending 2024.","Shareholders ratified KPMG as auditor for FY2022 and approved advisory vote on named executive officer compensation.","William K. O'Brien elected Chairman of the Board; committees formed including Audit, Compensation, Government Relations, M&A, Nominating."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":420848,"accession_number":"0001049521-21-000041","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2021-09-27T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Mercury Systems to acquire Avalex Technologies for $155M in cash","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Avalex provides mission-critical avionics: rugged displays, communications mgmt, digital video recorders, warning systems.","Avalex expected to generate ~$40M revenue for 12 months ending Dec 31, 2022, with ~25% adj. EBITDA margin.","Transaction is immediately accretive to adjusted EPS; funded via cash on hand and credit facility.","Expected close during Mercury's fiscal 2022 Q2 (by Dec 31, 2021) subject to HSR approval."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":420847,"accession_number":"0001049521-21-000029","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2021-08-04T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Mercury Systems presents business overview at Jefferies Virtual Industrials Conference without disclosing new financials","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["President & CEO Mark Aslett and CFO Mike Ruppert presented on August 4, 2021.","Presentation provided high-level business overview; no specific financial guidance or material updates were included.","No earnings releases, M&A, or other material events disclosed in the filing or attached presentation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":420846,"accession_number":"0001049521-21-000027","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2021-08-03T23:59:59+00:00","items":["2.02","2.05","5.02","9.01"],"status":"ready","headline":"Mercury Q4 revenue $250.8M (+15%); GAAP EPS $0.32; launches 1MPACT savings plan","summary_kind":"llm","event_type":"earnings","confidence":"medium","bullets":["Q4 revenue $250.8M (+15%), GAAP net income $17.9M ($0.32) vs $27.2M ($0.49) prior year.","Adjusted EPS $0.73 vs $0.72; adjusted EBITDA $59.1M vs $49.6M.","Full-year FY2021 revenue $924.0M (+16%), GAAP EPS $1.12 vs $1.56, adjusted EPS $2.42 vs $2.30.","1MPACT initiative targets $30-50M net savings by FY2025; ~$22M expected in FY2022.","Workforce cut of 90 employees; $9.4M charge in Q1 FY2022. COO Thibaud retiring Aug 26, 2021."],"consensus_eps_estimate":null,"consensus_eps_actual":1.12,"consensus_revenue_estimate":null,"consensus_revenue_actual":923996000.0,"consensus_period":"2021-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}