Mercury Systems Increases FY18 Guidance - Quick Facts

(RTTNews) - Mercury Systems, Inc. (MRCY) announced, for the full fiscal 2018, the company currently expects revenue of $457.0 million to $468.0 million, and adjusted EPS to be approximately $1.29 to $1.35 per share. The company previously estimated fiscal 2018 revenue of $453.0 million to $468.0 million, and adjusted EPS to be approximately $1.15 to $1.23 per share.

For the second quarter of fiscal 2018, revenues are forecasted to be in the range of $112.5 million to $116.5 million. Adjusted EPS is expected to be in the range of $0.28 to $0.30 per share.

First-quarter revenues were $106.1 million, compared to $87.6 million in the first quarter of fiscal 2017. The first quarter fiscal 2018 results include an aggregate of approximately $12.6 million of revenue attributable to the CES, Delta Microwave and Richland Technologies acquired businesses. Adjusted EPS were $0.37, compared to $0.22.