Charles R. Wells IV
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.
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 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 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.
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