Exhibit 99.1
mrcylogoa06.jpg
 
News Release

Mercury Systems Reports Fourth Quarter and Fiscal 2018 Results;
Announces Acquisition of Germane Systems for $45 million

Fourth Quarter Highlights Include:
Record revenue increased 32% over prior year
Record operating cash flow of $26 million and free cash flow of $22 million
Book-to-bill ratio of 1.12 yields record bookings and backlog
Revenue, adjusted EBITDA and adjusted EPS exceed consensus estimates


ANDOVER, Mass. July 31, 2018
Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), reported operating results for its fiscal 2018 fourth quarter and year ended June 30, 2018. The Company also announced the acquisition of Germane Systems for $45 million.
Management Comments
“The business performed extremely well in the fourth quarter of fiscal 2018,” said Mark Aslett, Mercury’s President and Chief Executive Officer. “We delivered very strong financial performance with bookings, backlog, revenue, adjusted EBITDA, operating and free cash flow all reaching record levels. In addition, we are pleased to announce the acquisition of Germane Systems which, coupled with the Themis Computer acquisition, creates a $100+ million C2I rugged server business. We continue to execute against our strategy to increase top line growth organically and through acquisitions as well as achieve financial synergies through insourced manufacturing and thoughtful integration of acquired businesses.”

50 Minuteman Road, Andover, Massachusetts 01810 U.S.A. • +1 978.256.1300 • www.mrcy.com • twitter: @MRCY



The following information was filed by Mercury Systems Inc (MRCY) on Tuesday, July 31, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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