{"schema_version":"secwatch.filing_event.v1","accession":"0001049521-24-000015","form_type":"8-K","ticker":"MRCY","cik":"0001049521","company_name":"MERCURY SYSTEMS INC","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.040750+00:00","generated_at":"2026-06-02T15:42:15.864196+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.78,"calibrated_materiality_score":0.78,"confidence":"high","headline":"Mercury Systems Q3 FY24 revenue $208.3M, GAAP net loss $44.6M","bullets":["Revenue $208.3M, down 21% YoY from $263.5M; GAAP net loss $(44.6)M ($0.77 loss per share) vs net income $5.2M.","Adjusted EPS $(0.26); adjusted EBITDA $(2.4)M, down from $43.5M in Q3 FY23.","Bookings $219.9M, book-to-bill 1.06; backlog $1.29B, up 17% YoY.","Free cash flow $(25.7)M; cash from operations $(17.8)M.","CEO cites transitory impacts in one portfolio subset but expects clearer path to growth in FY25."],"urls":{"canonical":"https://secwatch.observer/filing/0001049521-24-000015","json":"https://secwatch.observer/filing/0001049521-24-000015.json","markdown":"https://secwatch.observer/filing/0001049521-24-000015.md","text":"https://secwatch.observer/filing/0001049521-24-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1049521/000104952124000015/0001049521-24-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1049521/000104952124000015/mrcy-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T15:42:15.864196+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":"b887ff51a27d7df62545a1fed79764ab9451ed26","claim":"MERCURY SYSTEMS INC reported the third quarter ended March 29, 2024 results: revenue $208.3 million, net income ($44.6) million, EPS ($0.77).","evidence_excerpt":"Mercury Systems Reports Third Quarter Fiscal 2024 Results • Q3 FY24 Bookings of $219.9 million; book-to-bill ratio of 1.06 • Q3 FY24 Revenue of $208.3 million; GAAP net loss and adjusted EBITDA ($44.6) million and ($2.4) million, respectively","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1049521/000104952124000015/0001049521-24-000015-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended March 29, 2024"},{"label":"Revenue","value":"$208.3 million"},{"label":"Net income","value":"($44.6) million"},{"label":"EPS","value":"($0.77)"},{"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"}