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Jun 28, 2024
Mercury Q4 2024 Earnings Report
Mercury's Q4 2024 results reflected progress in priority focus areas, including backlog expansion and free cash flow generation.
Key Takeaways
Mercury Systems reported Q4 FY24 revenue of $248.6 million. The company's GAAP net loss was $10.8 million, with an adjusted EBITDA of $31.2 million. Free cash flow for the quarter was $61.4 million. The company's backlog reached a record $1.3 billion, up 16% year-over-year.
Q4 FY24 bookings were $284.4 million, resulting in a book-to-bill ratio of 1.14.
Revenue for Q4 FY24 was $248.6 million.
GAAP net loss for Q4 FY24 was $10.8 million, with adjusted EBITDA at $31.2 million.
Record backlog reached $1.3 billion, a 16% increase year-over-year.
Mercury
Mercury
Forward Guidance
No specific forward guidance was provided in the press release.