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Mercury Systems (MRCY) Misses Q3 EPS by 5c, Miss on Revenues; Offers FY18 Guidance

April 24, 2018 4:05 PM

Mercury Systems (NASDAQ: MRCY) reported Q3 EPS of $0.30, $0.05 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $116.3 million versus the consensus estimate of $123.96 million.

For the full fiscal year 2018, excluding Themis Computer, we currently expect revenue of $464.0 million to $468.0 million, an increase from our prior full year guidance of $460.0 million to $468.0 million. For the full fiscal year 2018, including Themis Computer, we currently expect revenue of $487.0 million to $492.0 million, and GAAP net income of $40.2 million to $41.8 million, or $0.85 to $0.88 per share, assuming approximately 47.5 million weighted average diluted shares outstanding. Adjusted EBITDA, including Themis Computer, for the full fiscal year is expected to be approximately $111.0 million to $113.5 million, and adjusted EPS for the full fiscal year is expected to be approximately $1.35 to $1.38 per share.

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

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Earnings Guidance