Reports Q2 revenue $229.59M, consensus $232.47M. Reports Q2 bookings of $270.3M yielding book-to-bill of 1.18. Reports Q2 backlog of $1.12B. "In the second quarter, the Company generated positive organic growth and cash flow," said Mark Aslett, Mercury’s president and CEO. "Driven by accelerated bookings growth, our book-to-bill was 1.18 for the quarter and backlog grew to a record $1.12 billion. Looking forward to the second half of fiscal 2023, we expect to see continued revenue growth, higher margins and increased profitability and as a result, we’re maintaining our full-year guidance for revenue and adjusted EBITDA."
Published first on TheFly
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