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Jul 01, 2022
Mercury Q4 2022 Earnings Report
Mercury Systems reported record bookings and revenues, and is well-positioned for strong financial performance in FY23.
Key Takeaways
Mercury Systems reported record bookings of $332 million and record revenue of $290 million for the fourth quarter of fiscal 2022. Bookings increased 27% year over year and 12% sequentially, yielding a book-to-bill of 1.14. The company is executing its 1MPACT value-creation initiative to mitigate supply chain, labor, and inflationary pressures.
Record bookings of $332 million yielding book-to-bill of 1.14
Record revenues of $290 million increased 16% over prior year
Well-positioned for strong financial performance in FY23
Executing 1MPACT value creation initiative
Forward Guidance
For the first quarter of fiscal 2023, revenues are forecasted to be in the range of $215.0 million to $225.0 million. For the full fiscal year 2023, revenues are forecasted to be in the range of $1.00 billion to $1.05 billion.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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