Reports Q1 revenue $180.99M, consensus $218.55M. Total bookings for the first quarter of FY24 were $191.5M. “In the first quarter, we made progress against our enhanced execution plan to deliver predictable results, build a thriving growth engine, expand margins, and drive improved free cash flow,” said Bill Ballhaus, Mercury’s President and CEO. “We are reiterating our full-year guidance based on our current view of bookings, timing of product delivery, and allocation of factory capacity.”
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