Mercury Systems(MRCY) - 2024 Q3 - Quarterly Results

Exhibit 99.1 FOR IMMEDIATE RELEASE Mercury Systems Reports Third Quarter Fiscal 2024 Results • Q3 FY24 Bookings of $219.9 million; book-to-bill ratio of 1.06 • Q3 FY24 Revenue of $208.3 million; GAAP net loss and adjusted EBITDA ($44.6) million and ($2.4) million, respectively • Record backlog of $1.3 billion; up 17% year-over-year ANDOVER, Mass. May 7, 2024 Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), reported operating results for the third quarter of fiscal year 2024, ended March 29, 2024. “In the ...