secwatch.observer — SEC 8-K summary
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Issuer:     MERCURY SYSTEMS INC (MRCY)
CIK:        0001049521
Form:       8-K
Filed at:   2022-02-01T23:59:59+00:00
Accession:  0001049521-22-000002
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mercury Systems Q2 FY2022: GAAP loss of $0.05/sh, adj EPS $0.39, revenue up 5%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1049521/000104952122000002/0001049521-22-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1049521/000104952122000002/mrcy-20220201.htm
  HTML page:      https://secwatch.observer/filing/0001049521-22-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer