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Jul 02, 2021
Mercury Q4 2021 Earnings Report
Reported solid financial performance with strong bookings and completed the acquisition of Pentek.
Key Takeaways
Mercury Systems reported a revenue increase of 15% to $250.8 million compared to the previous year. Net income was $17.9 million, or $0.32 per share, while adjusted EPS was $0.73. The company's bookings were $260.2 million, resulting in a book-to-bill ratio of 1.04, and backlog was over $900 million entering fiscal year 2022.
Revenues increased 15% over prior year.
Bookings yielded book-to-bill of 1.04.
Backlog was over $900 million entering fiscal 2022.
Completed the acquisition of Pentek.
Mercury
Mercury
Forward Guidance
For the first quarter of fiscal 2022, revenues are forecasted to be in the range of $210.0 million to $220.0 million. For the full fiscal year 2022, revenues are forecasted to be in the range of $1.00 billion to $1.03 billion.