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Stock impact report

Mercury Systems Reports First Quarter Fiscal 2020 Results

Mercury Systems Inc (MRCY) 
Last mercury systems inc earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.mrcy.com/overview-0
Company Research Source: GlobeNewswire
First Quarter Highlights Include:Record revenue increased 23% over prior year with 17% organic growthRevenue, net income, adjusted EBITDA, EPS and adjusted EPS exceeded guidanceRecord backlog increased 40% over prior year with a book-to-bill ratio of 1.22American Panel Corporation acquisition completed ANDOVER, Mass., Oct. 29, 2019 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), reported operating results for the first quarter of fiscal 2020, ended September 27, 2019. Management Comments“The strong results for the first quarter of fiscal year 2020 highlight the continued momentum in the business,” said Mark Aslett, Mercury’s President and Chief Executive Officer.  “We exceeded guidance for revenues, net income, adjusted EBITDA, EPS and adjusted EPS.  Bookings exceeded $200 million for the second consecutive quarter generating a 1.22 book-to-bill ratio and record backlog.  Organic revenue grew 17% and we continue to leverage our strong operating and free cas Show less Read more
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