earnings
confidence high
sentiment neutral
materiality 0.75
Mercury Systems Q4 revenue $290M (+16% YoY), record bookings $332M
MERCURY SYSTEMS INC
2022-FY EPS reported
$0.20
revenue$988,197,000
- 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.