Mercury Systems, Inc. Provides Earnings Guidance for the Third Quarter Ending March 31, 2019 and Full Year Ending June 30, 2019
January 29, 2019 at 04:01 pm
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Mercury Systems, Inc. provided earnings guidance for the third quarter ending March 31, 2019 and full year ending June 30, 2019. For the third quarter of fiscal 2019, inclusive of the acquisition of GECO, revenues are forecasted to be in the range of $162.7 million to $167.7 million. GAAP net income for the third quarter is expected to be approximately $10.8 million to $12.3 million, or $0.23 to $0.26 per share, assuming no incremental restructuring, acquisition, other non-operating adjustments or non-recurring financing related expenses in the period.
For the full fiscal year 2019, the company currently expects revenue of $631.0 million to $646.0 million, and GAAP net income of $42.6 million to $46.1 million, or $0.89 to $0.96 per share, assuming no incremental restructuring, acquisition, other non-operating adjustments or non-recurring financing related expenses in the period. Adjusted EPS for the full fiscal year is expected to be approximately $1.72 to $1.80 per share.
Mercury Systems, Inc. is a technology company that delivers processing power for aerospace and defense missions. The Company's end-to-end processing platform enables a range of aerospace and defense programs, optimized for mission success in challenging and demanding environments. Processing technologies that comprise its platform include signal solutions, display, software applications, networking, storage and secure processing. It manufactures components, products, modules and subsystems for defense prime contractors, the United States government, and original equipment manufacturers (OEM) commercial aerospace companies. Its mission critical solutions are deployed by its customers for a variety of applications, including command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR), electronic intelligence, mission computing avionics, electro-optical/infrared (EO/IR), electronic warfare, weapons and missile defense, hypersonics and radar.
MERCURY SYSTEMS, INC. 
