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Mercury Systems Inc (MRCY.O)

MRCY.O on Nasdaq

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Latest Key Developments (Source: Significant Developments)

Mercury Systems announces pricing of common stock offering
Thursday, 26 Jan 2017 07:05pm EST 

Mercury Systems Inc - : Announces pricing of common stock offering; increases offering size . Says public offering priced at $33.00 per share .Says increased size of offering to 6 million shares of its common stock.  Full Article

Mercury Systems announces pricing of common stock offering
Thursday, 26 Jan 2017 06:45pm EST 

Mercury Systems Inc - : Announces pricing of common stock offering; increases offering size . Says public offering priced at $33.00 per share .Says increased size of offering to 6 million shares of its common stock.  Full Article

Mercury Systems gets $10.8m order from US Navy for DRFM jammers
Thursday, 22 Dec 2016 04:15pm EST 

Mercury Systems Inc : Mercury Systems Inc - order was received in company's fiscal 2017 Q2 and is expected to be shipped over next several quarters .Mercury Systems receives $10.8m order from US Navy for DRFM jammers.  Full Article

Mercury Systems says expects 6.5-8 pct revenue growth for FY 2016
Tuesday, 14 Jun 2016 07:56am EDT 

Mercury Systems Inc : Sees 6.5-8% revenue growth for FY 2016 .Sees 15-18% adj ebitda growth for FY 2016.  Full Article

Mercury Systems receives $3 mln order for RF Subsystems for Satellite Communications Application
Tuesday, 19 Apr 2016 04:15pm EDT 

Mercury Systems:Received a $3 million order from a leading defense prime contractor to provide radio frequency (RF) subsystems for a naval satellite communications application.The order was booked in the Company's fiscal 2016 third quarter and is expected to be shipped over the next several quarters.  Full Article

Mercury Systems, Inc secures contract from defense prime contractor
Monday, 11 Apr 2016 04:15pm EDT 

Mercury Systems, Inc:says received $2.9 mln in orders from defense prime contractor to provide digital signal and image processing modules for an unmanned airborne ISR application.Says orders were booked in the Company's fiscal 2016 third quarter and are expected to be shipped over the next several quarter.  Full Article

Mercury Systems, Inc announces common stock offering
Monday, 4 Apr 2016 04:01pm EDT 

Mercury Systems, Inc:Intends to offer, subject to market and other conditions, 4,500,000 shares of its common stock pursuant to an underwritten public offering.Says Co will grant the underwriters an option for 30 days to purchase up to an additional 15% of the total shares of its common stock sold in the offering.  Full Article

Mercury Systems Inc to acquire Embedded Security, RF and Microwave and Custom Microelectronics Businesses from Microsemi Corporation
Wednesday, 23 Mar 2016 04:01pm EDT 

Mercury Systems Inc:Has signed a definitive agreement with Microsemi Corporation to acquire embedded security, RF and Microwave, and custom microelectronics businesses of Microsemi.Pursuant to the terms of the agreement, Mercury will acquire these businesses for a total purchase price of $300 million.Acquisition and associated transaction expenses are expected to be funded with a combination of committed financing for a new $265 million bank term loan A and approximately $50 million of Mercury's cash on hand.In addition to the term loan, the financing also includes a new $75 million revolving credit facility which is not expected to be drawn at closing.Transaction is expected to be highly accretive to fiscal 2017 adjusted EPS and adjusted EBITDA margin.Transaction is currently expected to close during Mercury's fiscal 2016 fourth quarter ending June 30.  Full Article

Mercury Systems Receives $2.2 Million Order for Signal Processing Subsystems
Tuesday, 15 Mar 2016 04:15pm EDT 

Mercury Systems, Inc:received a $2.2 million follow-on order from a leading defense prime contractor for high-performance signal processing subsystems for a manned airborne radar application.The order was booked in the Company's fiscal 2016 third quarter and is expected to be shipped over the next several quarters.  Full Article

Mercury Systems gives Q3 2016 guidance; gives updates FY 2016 guidance
Tuesday, 26 Jan 2016 04:01pm EST 

Mercury Systems:Says For Q3 2016, revenues are currently forecasted to be in the range of $63 million to $67 million.Says Q3 2016 Adjusted EPS is expected to be in the range of $0.19 to $0.22 per share.Adjusted EBITDA for Q3 2016 is expected to be in the range of $11.3 million to $12.6 million.Revenues for all of Fy 2016 are currently expected to grow between 6% and 8%, while adjusted EBITDA for Fy 2016 is expected to increase by 9% to 13% year-over-year.  Full Article

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