UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________________________________________________________ FORM 10-Q ________________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 27, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to COMMISSION FILE NUMBER: 001-4119 ...

Exhibit 99.1 Innovation That Matters® mercury FOR IMMEDIATE RELEASE Mercury Systems Reports First Quarter Fiscal 2025 Results • Q1 FY25 Bookings of $247.7 million; book-to-bill ratio of 1.21 • Q1 FY25 Revenue of $204.4 million; GAAP net loss of $17.5 million; and adjusted EBITDA of $21.5 million • Record backlog of $1.3 billion; up 16% year-over-year ANDOVER, Mass. November 5, 2024 Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), reported operating results for the first quarter of fiscal year 2025, ended ...

Core Insights - Mercury Systems, Inc. reported Q1 FY25 bookings of $247.7 million, a 29% increase year-over-year, with a book-to-bill ratio of 1.21 [2][3] - Revenue for Q1 FY25 was $204.4 million, reflecting a 13% year-over-year growth [2][3] - The company recorded a GAAP net loss of $17.5 million, significantly improved from a loss of $36.7 million in the same quarter last year [4][17] - Adjusted EBITDA for the quarter was $21.5 million, a substantial increase from $2.0 million in Q1 FY24 [5][19] - The total backlog reached a record $1.34 billion, up 16% year-over-year, with $777.0 million expected to be recognized as revenue within the next 12 months [7] Financial Performance - Total revenues for Q1 FY25 were $204.4 million, compared to $181.0 million in Q1 FY24 [3] - The adjusted EBITDA margin for Q1 FY25 was 10.5%, indicating improved operational efficiency [2] - Cash flows used in operating activities were $14.7 million, a decrease from $39.1 million in Q1 FY24, while free cash flow was $(20.9) million compared to $(47.1) million in the prior year [6][36] Backlog and Future Outlook - The total backlog as of September 27, 2024, was $1.34 billion, an increase of $187.8 million from the previous year [7] - The company anticipates continued organic growth with expanding margins and robust free cash flow, as stated by the CEO [2]

ANDOVER, Mass., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers mission-critical processing power to the edge, today announced it was awarded a five-year contract worth as much as $131.3 million from the U.S. Naval Air Systems Command (NAVAIR) to continue providing secure data transfer systems for naval aircraft. Mercury has been delivering Advanced Data Transfer Systems (ADTS) and components to the Navy since 2017 to support numerous ...

ANDOVER, Mass., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers mission-critical processing power to the edge, will release its first quarter fiscal year 2025 financial results after the market close on Tuesday, November 5, 2024. Management will host a conference call and simultaneous webcast at 5:00 p.m. ET on the same day to discuss Mercury's quarterly financial results, business highlights, and outlook. In addition, Company represent ...

A month has gone by since the last earnings report for Mercury Systems (MRCY) . Shares have lost about 10.2% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Mercury Systems due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Mercury Systems Q4 Earnings & Revenues B ...

Where estimates-beating companies go, price target-raising analysts follow. Mercury Systems (MRCY 0.85%) stock appeared set to lock in a double-digit gain in share price this week. According to data compiled by S&P Global Market Intelligence, as of the wee hours Friday morning the defense communications company's shares were up by nearly 13% week to date. A strong earnings report was the key factor in that rise. Analyst estimates were obliterated Mercury published its fourth quarter of fiscal 2024 figures a ...

William_Potter In May, I analyzed Mercury Systems, Inc. and attached a hold rating to the stock with a $42.15 price target with FY26 eamings in mind against a peer group valuation and $42.91 with FY25 earnings in mind against the company median EV/EBITDA valuation. The company presented its fourth quarter results resently and the stock surged 17% to $40. I had a hold rating on the stock and perhaps that should have been a buy rating, but I was not impressed with the risk profile. In this report, I will be d ...

U.S. stocks traded mixed toward the end of trading, with the Dow Jones index gaining around 250 points on Wednesday. The Dow traded up 0.65% to 40,022.71 while the NASDAQ fell 0.20% to 17,153.85. The S&P 500 also rose, gaining, 0.24% to 5,447.57. Leading and Lagging Sectors Financials shares climbed by 1.1% on Tuesday. In trading on Tuesday, communication services shares fell 1.3%. Top Headline UBS Group AG UBS posted strong second-quarter earnings. UBS Group reported second-quarter FY24 sales of $11.9 bill ...

Aerospace and defense specialist Mercury Systems (NASDAQ:MRCY) — which offers advanced components, circuits, semiconductors and modules, among many other product categories — saw its shares skyrocket over 20% on Wednesday. Encouraging results tied to its fiscal fourth-quarter earnings disclosure are catapulting sentiment. Additionally, MRCY stock has benefited from surging relevancies in unmanned systems, one of Mercury's specialties. Earlier today, Mercury posted a net loss of $10.8 million or 19 cents a s ...