Mercury Systems(MRCY) - 2025 Q1 - Quarterly Results

Exhibit 99.1 Innovation That Matters® mercury FOR IMMEDIATE RELEASE Mercury Systems Reports First Quarter Fiscal 2025 Results • Q1 FY25 Bookings of $247.7 million; book-to-bill ratio of 1.21 • Q1 FY25 Revenue of $204.4 million; GAAP net loss of $17.5 million; and adjusted EBITDA of $21.5 million • Record backlog of $1.3 billion; up 16% year-over-year ANDOVER, Mass. November 5, 2024 Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), reported operating results for the first quarter of fiscal year 2025, ended ...