4th Quarter and Full Fiscal Year 2018 Financial Results & Germane Systems Acquisition Overview
Strong financial performance
• Record bookings up 30%
Record revenue up 32%
Organic revenue(¹) up 16%
• GAAP net income up 15%
• Record adj. EBITDA up 36%
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Record backlog up 25%
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Q4 FY18 YOY Results
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Improved working capital
H2 free cash flow up 106% vs. H1
© 2018 Mercury Systems, Inc.
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Record bookings up 27%
• Record revenue up 21%
Organic revenue (¹)
• Record GAAP net income up 64%
Record adj. EBITDA up 23%
Record backlog up 25%
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Full FY18 YoY Results
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up 7%
(1) Organic revenue represents total company revenue excluding net revenue from acquisitions for the first four full quarters since the entities' acquisition date (which excludes any intercompany
transactions). After the completion of four fiscal quarters, acquired businesses are treated as organic for current and comparable historical periods.
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