{"schema_version":"secwatch.filing_event.v1","accession":"0001049521-22-000060","form_type":"8-K","ticker":"MRCY","cik":"0001049521","company_name":"MERCURY SYSTEMS INC","filed_at":"2022-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.413509+00:00","generated_at":"2026-06-22T16:54:46.337102+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Mercury Systems Q1 bookings up 34% to $266.9M, backlog record $1.08B; GAAP loss widens","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001049521-22-000060","json":"https://secwatch.observer/filing/0001049521-22-000060.json","markdown":"https://secwatch.observer/filing/0001049521-22-000060.md","text":"https://secwatch.observer/filing/0001049521-22-000060.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1049521/000104952122000060/0001049521-22-000060-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1049521/000104952122000060/mrcy-20221101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T16:54:46.337102+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":[{"claim_id":"ae993604725f3f85052ef21e4a32dea67b9e1b05","claim":"MERCURY SYSTEMS INC reported first quarter of fiscal 2023 results: revenue $227.6 million, net income $(14.3) million, or $0.26 per share, EPS $0.24 per share (adjusted). Guidance raised.","evidence_excerpt":"Total Company first quarter fiscal 2023 revenues were $227.6 million, compared to $225.0 million in the first quarter of fiscal 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1049521/000104952122000060/0001049521-22-000060-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of fiscal 2023"},{"label":"Revenue","value":"$227.6 million"},{"label":"Net income","value":"$(14.3) million, or $0.26 per share"},{"label":"EPS","value":"$0.24 per share (adjusted)"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}