Mercury Systems(MRCY) - 2024 Q3 - Quarterly Results

Exhibit 99.1 FOR IMMEDIATE RELEASE Total bookings for the third quarter of fiscal 2024 were $219.9 million, yielding a book-to-bill ratio of 1.06 for the quarter. Total Company GAAP net loss and loss per share for the third quarter of fiscal 2024 was ($44.6) million, and ($0.77), respectively, compared to GAAP net income and earnings per share of $5.2 million, and $0.09, respectively, for the third quarter of fiscal 2023. Adjusted (loss) earnings per share ("adjusted EPS") was ($0.26) per share for the thir ...