{"schema_version":"secwatch.filing_event.v1","accession":"0001049521-21-000047","form_type":"8-K","ticker":"MRCY","cik":"0001049521","company_name":"MERCURY SYSTEMS INC","filed_at":"2021-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:04:11.267701+00:00","generated_at":"2026-06-28T14:51:34.747521+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Mercury Systems Q1 FY22 revenue up 9% to $225M; GAAP net loss; announces Avalex acquisition","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001049521-21-000047","json":"https://secwatch.observer/filing/0001049521-21-000047.json","markdown":"https://secwatch.observer/filing/0001049521-21-000047.md","text":"https://secwatch.observer/filing/0001049521-21-000047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1049521/000104952121000047/0001049521-21-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1049521/000104952121000047/mrcy-20211102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T14:51:34.747521+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}