secwatch.observer — SEC 8-K summary
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Issuer:     MERCURY SYSTEMS INC (MRCY)
CIK:        0001049521
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001049521-24-000042
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mercury Systems Q1 FY2025 revenue $204.4M (+13% YoY); net loss narrows to $17.5M
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- Revenue $204.4M (+13% YoY); GAAP net loss $17.5M ($0.30 loss per share) vs loss $36.7M ($0.64) a year ago.
- Adjusted EBITDA $21.5M (10.5% margin) vs $2.0M; adjusted EPS $0.04 vs $(0.24) in Q1 FY2024.
- Bookings $247.7M (book-to-bill 1.21), up 29% YoY; record backlog $1.34B, up 16% YoY.
- Free cash flow $(20.9)M improved from $(47.1)M in prior-year quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1049521/000104952124000042/0001049521-24-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1049521/000104952124000042/mrcy-20241105.htm
  HTML page:      https://secwatch.observer/filing/0001049521-24-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer