Mercury Systems (MRCY) Tops Q2 EPS by 6c, Revenues Beat; Offers Q3 EPS/Revenue Guidance Below Consensus, Provides FY20 EPS/Revenue Outlook

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Go back to Mercury Systems (MRCY) Tops Q2 EPS by 6c, Revenues Beat; Offers Q3 EPS/Revenue Guidance Below Consensus, Provides FY20 EPS/Revenue Outlook

Mercury Systems Reports Second Quarter Fiscal 2020 Results

January 28, 2020 4:01 PM EST

Second Quarter Highlights Include: Record revenue increased 22% over prior year with 12% organic growth Net income, adjusted EBITDA, EPS and adjusted EPS exceeded guidance Bookings exceeded $200 million for the third consecutive quarter Record backlog increased 39% over prior year

ANDOVER, Mass., Jan. 28, 2020 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), reported operating results for the second quarter of fiscal 2020, ended December 27, 2019.

Management CommentsThe business performed... More