Mercury Systems Projects Strong Free Cash Flow for FY25

Published 11 hours agoMRCY

Mercury Systems Projects Strong Free Cash Flow for FY25

Mercury Systems is setting a confident tone for its fiscal year 2025, projecting that its free cash flow will surpass previous expectations, fueled by enhanced margins and operational improvements.

In a promising display of financial health, the company reported a record free cash flow of $81.9 million for the second quarter of FY25, markedly up from $37.5 million in the same period a year earlier. The boost in free cash flow is backed by a 19.5% year-over-year reduction in net working capital, highlighting Mercury's strides in operational efficiency. Reuters noted these improvements as a significant driver behind the company's optimistic financial outlook.

CEO Bill Ballhaus shared his positive perspective, attributing Mercury's potential growth to strategic business maneuvers that promise consistent organic expansion, healthier margins, and solid free cash flow. This optimism underscores Mercury Systems' dedication to maintaining its upward trajectory in FY25.

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