Defense Industry InvolvementMRCY is a pure play on defense electronics, involved on many critical and well-funded programs and is a key outsourcing partner for prime contractors.
EarningsMRCY delivered better-than-expected revenue, Adjusted EBITDA, and non-GAAP EPS results, beating consensus across metrics.
Financial PerformanceMercury Systems has demonstrated strong organizational growth with a 13% increase in the first quarter.