Highest-materiality recent filing
Mercury Systems Q3 FY26: Record bookings $348M, revenue up 11.5% YoY, adjusted EBITDA up 46.2%
Record Q3 bookings of $348M, up 73.7% YoY; book-to-bill 1.48; backlog $1.6B, up 17.9% YoY.
Mercury Systems Q2 FY26 revenue $233M, net loss narrows to $15M, adjusted EBITDA up 36%
GAAP net loss of $15M ($0.26 loss per share) vs loss of $18M ($0.30) a year ago; loss narrowed.
Mercury Systems Q1 revenue up 10% to $225M; record backlog $1.4B; board authorizes $200M buyback
Revenue $225.2M (+10.2% YoY); GAAP net loss $12.5M ($0.21/sh) improves from $17.5M loss.
Mercury Systems elects Class I and II directors, approves 2025 LTIP, and appoints Ballhaus Chairman
Shareholders elected Ballhaus, Disbrow, Lance as Class I directors (3-year term) and Bua as Class II director (1-year term).
Mercury Q4 FY25: record bookings $341.5M, revenue $273.1M (+9.9% YoY), GAAP net income $16.4M
Q4 FY25 revenue $273.1M (+9.9% YoY); GAAP net income $16.4M vs loss $10.8M a year ago.
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.
Mercury Systems COO Charles Wells departs; CFO Farnsworth gets expanded role and $1M RSU
COO Charles R. Wells IV departing for CEO role at private company; effective immediately.
Q2 FY2025 revenue $223.1M (+13% YoY); GAAP net loss $17.6M ($0.30 loss per share), improved from $45.6M loss ($0.79) YoY.
Mercury Systems board changes: Roger Krone departs, Jean Bua appointed
Roger Krone departed Board effective Jan 6, 2025 to focus on his role as CEO of Boy Scouts of America.
Mercury Systems Q1 FY2025 revenue $204.4M (+13% YoY); net loss narrows to $17.5M
Revenue $204.4M (+13% YoY); GAAP net loss $17.5M ($0.30 loss per share) vs loss $36.7M ($0.64) a year ago.
Orlando Carvalho, Barry Nearhos, Debora Plunkett elected as Class III directors for three-year term ending 2027.
Mercury Systems entered Amendment No. 6 to its credit agreement, permanently reducing commitments from $1.1B to $900M.
Mercury Systems cuts ~100 jobs in restructuring phase, appoints SVP of Operations
Workforce reduction of about 100 positions; expects $5M restructuring charges in fiscal Q4 ending June 28, 2024.
Mercury Systems Q3 FY24 revenue $208.3M, GAAP net loss $44.6M
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.
On March 28, 2025, Charles R. Wells, IV, the Company’s Executive Vice President and Chief Operating Officer, informed the Company that he will be departing for a chief executive officer role at a privately held company.
the appointment of Jean Bua, the Chief Financial Officer of NetScout Systems, a publicly traded network performance and security solutions company, to the Board.
announced the departure of Roger A. Krone from the Board
Max materiality 0.90 · Median 0.72 · Most common event earnings