4th Quarter and Full Fiscal Year 2018 Financial Results & Germane Systems Acquisition Overview
Q4 FY18 vs. Q4 FY17
In $ millions, except percentage and per share data
Bookings
Book-to-Bill
Backlog
12-Month Backlog
Revenue
Organic Revenue Growth (¹)
Gross Margin
Operating Expenses
Selling, General & Administrative
Research & Development
Amortization/Restructuring/Acquisition
GAAP Income
GAAP EPS
Weighted Average Diluted Shares
Adjusted EPS (2²)
Adj. EBITDA (²)
% of revenue
Free Cash Flow (²)
Q4 FY17
$132.3
1.14
© 2018 Mercury Systems, Inc.
$357.0
$290.8
$115.6
4%
46.6%
$40.9
20.4
13.9
6.6
$8.8
$0.19
47.5
$0.32
$27.8
24.0%
$3.7
Q4 FY18
$171.7
1.12
$447.1
$328.5
$152.9
16%
44.7%
$49.4
25.4
14.9
9.1
$10.1
$0.21
47.5
$0.47
$37.7
24.6%
$21.6
Change
30%
25%
32%
(1.9 pt)
21%
15%
11%
47%
36%
487%
Notes:
(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.
(2) Non-GAAP, see reconciliation table.
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