{"schema_version":"secwatch.filing_event.v1","accession":"0001049521-23-000002","form_type":"8-K","ticker":"MRCY","cik":"0001049521","company_name":"MERCURY SYSTEMS INC","filed_at":"2023-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.665971+00:00","generated_at":"2026-06-20T04:49:03.860379+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Mercury Systems Q2 rev $229.6M (+4%), GAAP loss $10.9M; CFO departs, strategic review launched","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001049521-23-000002","json":"https://secwatch.observer/filing/0001049521-23-000002.json","markdown":"https://secwatch.observer/filing/0001049521-23-000002.md","text":"https://secwatch.observer/filing/0001049521-23-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1049521/000104952123000002/0001049521-23-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1049521/000104952123000002/mrcy-20230131.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T04:49:03.860379+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":"b504c1c5e33e204e704030d6daef1f2f5ff40cfe","claim":"MERCURY SYSTEMS INC updated its fiscal year 2023 guidance (reaffirmed).","evidence_excerpt":"we’re maintaining our full-year guidance for revenue and adjusted EBITDA.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1049521/000104952123000002/0001049521-23-000002-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year 2023"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"22eba27092","claim":"Michael D. Ruppert departed as Executive Vice President, Chief Financial Officer, and Treasurer at MERCURY SYSTEMS INC.","evidence_excerpt":"On January 25, 2023, Michael D. Ruppert, the Company’s Executive Vice President, Chief Financial Officer, and Treasurer informed the Company that he will be departing on February 17, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1049521/000104952123000002/0001049521-23-000002-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will be departing"},{"label":"Role","value":"Executive Vice President, Chief Financial Officer, and Treasurer"}],"fact_type":"executive_change"},{"claim_id":"aadc87d295","claim":"Michelle M. McCarthy was appointed as interim Chief Financial Officer and Treasurer at MERCURY SYSTEMS INC.","evidence_excerpt":"The Company’s Board of Directors has appointed Michelle M. McCarthy as the Company’s interim Chief Financial Officer and Treasurer effective February 17, 2023, in addition to her current duties as the Company’s Senior Vice President, Chief Accounting Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1049521/000104952123000002/0001049521-23-000002-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"interim Chief Financial Officer and Treasurer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}