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Sep 27, 2024
Mercury Q1 2025 Earnings Report
Mercury reported Q1 2025 results, with revenue increasing and a book-to-bill ratio above 1.
Key Takeaways
Mercury Systems reported Q1 FY25 results with revenue of $204.4 million, a book-to-bill ratio of 1.21, and a net loss of $17.5 million. The company's backlog reached a record $1.3 billion, up 16% year-over-year.
Bookings for Q1 FY25 were $247.7 million, resulting in a book-to-bill ratio of 1.21.
Q1 FY25 revenue reached $204.4 million, reflecting a 13% increase year-over-year.
The company's total backlog was $1.34 billion, a $187.8 million increase from a year ago.
GAAP net loss for Q1 FY25 was $17.5 million, with an adjusted EPS of $0.04.
Mercury
Mercury
Forward Guidance
No specific forward guidance was provided in the press release.