Mercury Systems (MRCY) Tops Q1 EPS by 4c

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Mercury Systems Reports First Quarter Fiscal 2021 Results

November 3, 2020 4:01 PM EST

First Quarter Highlights Include:Revenue increased 16% over prior year with 12% organic growthRevenue, net income, adjusted EBITDA, EPS and adjusted EPS exceed guidanceBacklog of $826 million increased 16% over prior year

ANDOVER, Mass., Nov. 03, 2020 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), reported operating results for the first quarter of fiscal 2021, ended October 2, 2020.

Management CommentsThe financial performance of the business in the first quarter reflects a strong... More