Overview
Mercury Systems Q4 revenue grows 9.9% yr/yr, beating analyst expectations, per LSEG data
Adjusted EPS for Q4 beats consensus, rising to $0.47 from $0.23
Adjusted EBITDA for Q4 reaches $51.3 mln, beating analyst estimates
Outlook
Mercury Systems did not provide specific future financial guidance
Result Drivers
RECORD BOOKINGS - Mercury Systems achieved record Q4 bookings of $341.5 mln, contributing to a book-to-bill ratio of 1.25
BACKLOG GROWTH - Backlog increased by 6% yr/yr to $1.40 bln, indicating strong demand for Mercury's products
FREE CASH FLOW - Record free cash flow of $119.0 mln for FY25, reflecting effective cash management
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$273.10 mln
$245.40 mln (8 Analysts)
Q4 Adjusted EPS
Beat
$0.47
$0.23 (8 Analysts)
Q4 Net Income
$16.40 mln
Q4 Adjusted EBITDA
Beat
$51.30 mln
$34.30 mln (6 Analysts)
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the aerospace & defense peer group is "buy"
Wall Street's median 12-month price target for Mercury Systems Inc is $52.50, about 0.6% below its August 8 closing price of $52.83
The stock recently traded at 57 times the next 12-month earnings vs. a P/E of 56 three months ago
Press Release: ID:nGNX6tkYzM
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)