{"schema_version":"secwatch.filing_event.v1","accession":"0001049521-24-000006","form_type":"8-K","ticker":"MRCY","cik":"0001049521","company_name":"MERCURY SYSTEMS INC","filed_at":"2024-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.226814+00:00","generated_at":"2026-06-06T07:40:39.503460+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Mercury Q2 FY2024 revenue $197.5M, GAAP net loss $45.6M, bookings near-record $325.4M","bullets":["Revenue $197.5M vs $229.6M YoY; GAAP net loss ($45.6M) vs ($10.9M); GAAP EPS ($0.79) vs ($0.19).","Adjusted EPS ($0.42) vs $0.26 YoY; adjusted EBITDA ($21.3M) vs $35.7M.","Bookings $325.4M, book-to-bill 1.65; backlog $1.28B up $160.5M YoY.","Operating cash flow $45.5M; free cash flow $37.5M vs $22.2M prior year.","Consolidated operations into single unit, expects $20M annual run-rate savings."],"urls":{"canonical":"https://secwatch.observer/filing/0001049521-24-000006","json":"https://secwatch.observer/filing/0001049521-24-000006.json","markdown":"https://secwatch.observer/filing/0001049521-24-000006.md","text":"https://secwatch.observer/filing/0001049521-24-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1049521/000104952124000006/0001049521-24-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1049521/000104952124000006/mrcy-20240206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T07:40:39.503460+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":"0e222f44f788850a262935548573b75d2c926c9f","claim":"MERCURY SYSTEMS INC reported the second quarter ended December 29, 2023 results: revenue $197.5 million, net income ($45.6) million, EPS ($0.79).","evidence_excerpt":"--- FOR IMMEDIATE RELEASE Mercury Systems Reports Second Quarter Fiscal 2024 Results • Q2 FY24 Bookings of $325.4 million; book-to-bill ratio of 1.65 • Q2 FY24 Revenue of $197.5 million; GAAP net loss and adjusted EBITDA ($45.6) million and ($21.3) million, respectively • Q2 FY24 Cash flow from operations of $45.5 million, free cash flow $37.5 million ANDOVER,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1049521/000104952124000006/0001049521-24-000006-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended December 29, 2023"},{"label":"Revenue","value":"$197.5 million"},{"label":"Net income","value":"($45.6) million"},{"label":"EPS","value":"($0.79)"},{"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"}