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Stock impact report

Mercury Systems outlines FY '26 margin expansion and $200M buyback amid record $1.4B backlog [Seeking Alpha]

Mercury Systems Inc (MRCY) 
Last mercury systems inc earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.mrcy.com/overview-0
Company Research Source: Seeking Alpha
CEO William Ballhaus stated that Mercury Systems delivered Q1 results "ahead of our expectations with solid year-over-year growth in backlog, revenue, adjusted EBITDA, and free cash flow." He highlighted a record backlog of $1.4 billion Quick Insights Year-over-year growth in backlog, revenue (up 10.2%), adjusted EBITDA (up 65.8%), record backlog ($1.4B), new share buyback, improved margins, reduced free cash outflow. Management expects margin expansion in H2 and positive annual free cash flow, maintaining guidance and expressing confidence, with margins projected higher in Q4; analysts probed on sustainability with management reiterating long-term targets. Key challenges include supply chain, factory constraints, litigation, U.S. shutdown risks; opportunities lie in capacity expansions, record backlog, automation investments, international demand growth, and new buyback program. More Trending News Show less Read more
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