Company: MRCY
Filing Date: 2025-02-04
Form Type: 10-Q
Source: 0001049521-25-000009
Chunk: 48

Company: MERCURY SYSTEMS INC
Filing Date: 2025-02-04
Form: 10-Q
Item: Item 1
Chunk 48
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197,463 Inter-geographic revenues1,286 204 — (1,490)— Net revenues$184,448 $14,499 $6 $(1,490)$197,463 SIX MONTHS ENDED DECEMBER 27, 2024Net revenues to unaffiliated customers$397,714 $29,842 $— $— $427,556 Inter-geographic revenues4,773 5,348 — (10,121)— Net revenues$402,487 $35,190 $— $(10,121)$427,556 SIX MONTHS ENDED DECEMBER 29, 2023Net revenues to unaffiliated customers$355,043 $23,399 $12 $— $378,454 Inter-geographic revenues3,005 296 — (3,301)— Net revenues$358,048 $23,695 $12 $(3,301)$378,454 The Company offers a broad family of products and processing solutions designed to meet the full range of requirements in compute-intensive, signal processing, image processing and command and control applications. To maintain a competitive advantage, the Company seeks to leverage technology investments across multiple product lines and product solutions. The Company’s products are typically compute-intensive and require extremely high bandwidth and high throughput. These processing solutions often must also meet significant size, weight and power ("SWaP") constraints for use in aircraft, unmanned aerial vehicles, ships and other platforms and be ruggedized for use in harsh environments. The Company's products transform the massive streams of digital data created in these applications into usable information in real time. The systems can scale from a few processors to thousands of processors.

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In recent years, the Company completed a series of acquisitions that changed its technological capabilities, applications and end markets. As these acquisitions and changes occurred, the Company's proportion of revenue derived from the sale of components in different technological areas, and modules, sub-assemblies and integrated solutions which combine technologies into more complex diverse products has shifted. The following tables present revenue consistent with the Company's strategy of expanding its technological capabilities and program content. As additional information related to the Company’s products by end user, application, product grouping and/or platform is attained, the categorization of these products can vary over time. When this occurs, the Company reclassifies revenue by end user, application, product grouping and/or