secwatch.observer — SEC 8-K summary
======================================

Issuer:     MERCURY SYSTEMS INC (MRCY)
CIK:        0001049521
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001049521-25-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mercury Systems Q3 FY2025 revenue $211.4M, adjusted EBITDA $24.7M, net loss narrows to $19.2M
--------------------------------------------------------------------------------

- Revenue $211.4M (+1.5% YoY); GAAP net loss $19.2M ($0.33/sh) improved from $44.6M loss a year ago.
- Adjusted EPS $0.06 vs $(0.26); adjusted EBITDA $24.7M (11.7% margin) vs $(2.4M).
- Bookings $200.4M; backlog $1.34B (+4% YoY); trailing 12-month book-to-bill 1.1.
- Operating cash flow $30.0M; free cash flow $24.1M, up $49.8M YoY.
- Year-to-date revenue growth 8.9%; CEO cites solid execution and progress on four priority areas.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1049521/000104952125000014/0001049521-25-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1049521/000104952125000014/mrcy-20250506.htm
  HTML page:      https://secwatch.observer/filing/0001049521-25-000014

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