Mercury Systems Q4 Revenue Beats, Bookings Hit Record $660M
MRCY sits 43% above its 52-week low of $62.78 on elevated volume (2.6× avg).
Summary
Mercury Systems reported fiscal Q4 revenue of $289.78M, beating consensus by 8.8%, driven by record bookings of $660M and backlog exceeding $1.9B. Adjusted EPS of $0.37 missed by a penny, but adjusted EBITDA of $48.51M beat estimates. The company raised FY27 guidance to ~$1.1B, citing strong demand and solid execution. This follows the 8-K filed earlier today confirming record bookings and raised guidance. Watch for continued margin pressure from higher SG&A and R&D expenses, which cut operating income to $14.5M from $23.6M.
At the time of this announcement, MRCY was trading at $90.00 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $6.3B. The 52-week trading range was $62.78 to $128.45. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.