Mercury Computer Systems (MRCY) Tops Q4 EPS by 6c

Mercury Computer Systems (NASDAQ: MRCY) reported Q4 EPS of $0.18, $0.06 better than the analyst estimate of $0.12. Revenue for the quarter came in at $64.1 million versus the consensus estimate of $63.64 million.

"Fiscal 2015 was a very strong year for Mercury," stated Mark Aslett, Mercury's President and Chief Executive Officer. "Revenue grew by 12.5% and we grew backlog to record levels. At the same time, we increased adjusted EBITDA 89% year-over-year to 19% of revenue and landed well within our target model. In addition, GAAP earnings were positive for the year and each quarter within it. Finally, our 19% growth in backlog and record forward revenue coverage puts us on a very solid footing as we enter fiscal 2016," Aslett concluded.

For earnings history and earnings-related data on Mercury Computer Systems (MRCY) click here.

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