Mercury Systems (MRCY) Tops Q1 EPS by 4c

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Mercury Systems Reports First Quarter Fiscal 2019 Results

October 30, 2018 4:01 PM EDT

First Quarter Highlights Include:Revenue increases 36% over prior yearBook-to-bill ratio of 1.24 yields record bookings and backlogRevenue, adjusted EBITDA and adjusted EPS exceed consensus estimatesOperating cash flow of $20 million and free cash flow of $16 million

ANDOVER, Mass., Oct. 30, 2018 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), reported operating results for the first quarter of fiscal 2019, ended September 30, 2018.

Management CommentsThe first quarter of fiscal year 2019... More