Mercury Systems Raises FY 2027 Outlook Following Record Q1 Results
Mercury Systems (MRCY) reported record-breaking results for the first quarter of fiscal year 2027, achieving historic highs in bookings, backlog, revenue, and adjusted EBITDA. Driven by strong operational execution, the company has officially raised its financial outlook for the full fiscal year 2027. The updated guidance targets approximately $210 million in adjusted EBITDA and a free cash flow conversion rate of roughly 40%. These results reflect robust demand and improved profitability within the company's core business segments.
Tickers: $MRCY
Topics: backlog increase earnings report guidance raise revenue growth
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Part of the story Mercury Systems Raises FY 2027 Outlook Following Record Q1 Results (3 articles)