MRCY · Q1 FY27 rev +12.4% YoY

Mercury Systems reported Q1 FY27 revenue of $253M (up 12.4% YoY) and adjusted EPS of $0.52, beating consensus estimates of $0.30 and $245M. Record bookings of $370M (up 48% YoY) and backlog approaching $2.1B drove a raised FY27 outlook.

• Q1 FY27 revenue $253M vs consensus $245M, up 12.4% YoY
• Adjusted EPS $0.52 vs consensus $0.30, up 100% YoY
• Record bookings $370M, up 48% YoY; book-to-bill 1.46
• Backlog approaching $2.1B, up 44.7% YoY