Mercury Systems Reports First Quarter Results

• Reco d Q1 FY27 Booki gs of $370 millio g ew 48.0% yea -ove -yea ; book-to-bill of 1.46
• Reco d Backlog app oachi g $2.1 billio ; up 44.7% yea -ove -yea
• Reco d Q1 FY27 Reve ue of app oximately $253 millio ; up 12.4% yea -ove -yea
• GAAP et i come of $13 millio ; eco d Q1 adjusted EBITDA of $56 millio g ew 58.6% yea -ove -yea ; a d adjusted EBITDA ma gi of 22.3%
• Dave Fa swo th’s title cha ged to Chief Fi a cial Office a d Chief Ope ati g Office

ANDOVER, Mass., Nov. 10, 2026 (GLOBE NEWSWIRE) — Me cu y Systems, I c. (NASDAQ: MRCY, www.m cy.com), epo ted ope ati g esults fo the fi st qua te of fiscal yea 2027, e ded Octobe 2, 2026.

“We delive ed st o g fi st qua te fiscal 2027 esults, with eco d fi st qua te booki gs, eve ue, a d adjusted EBITDA, a d eco d backlog,” said Bill Ballhaus, Me cu y’s Chai ma a d CEO. “Ou fi st qua te esults eflect obust o ga ic g owth a d ma gi s that a e i -li e with ou ta get p ofile. Based o this solid executio , we a e aisi g ou outlook fo fiscal yea 2027.”

“I the fi st qua te we delive ed booki gs of $370 millio , up 48% yea -ove -yea , expa di g ou backlog to $2.1 billio a d ext-12-mo th backlog to ove $1 billio ; eve ue of $253 millio , up 12.4% yea -ove -yea ; GAAP et i come of $13 millio ; adjusted EBITDA of $56 millio , up 58.6% yea ove -yea ; adjusted EBITDA ma gi of 22.3%; cash flows used i ope ati g activities of $14 millio ; f ee cash out flow of $24 millio ; a d et debt of $232 millio , dow 19% yea -ove -yea .”

Fi st Qua te Fiscal 2027 Results

Fi st qua te fiscal 2027 eve ues we e $253 millio , compa ed to $225 millio i the fi st qua te of fiscal 2026.

Total booki gs fo the fi st qua te of fiscal 2027 we e $370 millio , yieldi g a book-to-bill atio of 1.46 fo the qua te .

GAAP et i come a d diluted ea i gs pe sha e fo the fi st qua te of fiscal 2027 we e $13 millio a d $0.21, espectively, compa ed to GAAP et loss a d loss pe sha e of $13 millio a d $0.21, espectively, fo the fi st qua te of fiscal 2026. Adjusted ea i gs pe sha e (“adjusted EPS”) was $0.52 pe sha e fo the fi st qua te of fiscal 2027, compa ed to $0.26 pe sha e i the fi st qua te of fiscal 2026.

Fi st qua te fiscal 2027 adjusted EBITDA was $56 millio , compa ed to $36 millio fo the fi st qua te of fiscal 2026.

Cash flows (used i ) p ovided by ope ati g activities i the fi st qua te of fiscal 2027 we e $(14) millio , compa ed to $2 millio i the fi st qua te of fiscal 2026. F ee cash flow, defi ed as cash flows f om ope ati g activities less capital expe ditu es fo p ope ty a d equipme t, was $(24) millio fo the fi st qua te of fiscal 2027 a d $(4) millio fo the fi st qua te of fiscal 2026.

Backlog

Me cu y’s total backlog at Octobe 2, 2026 was app oachi g $2.1 billio , a app oximate $637 millio i c ease f om a yea ago. Of the Octobe 2, 2026 total backlog, ove $1.0 billio ep ese ts o de s expected to be ecog ized as eve ue withi the ext 12 mo ths.

Othe Matte s

O Novembe 10, 2026, Me cu y fo malized Dave Fa swo th’s ole as Chief Ope ati g Office , i additio to his espo sibilities as Chief Fi a cial Office . M . Fa swo th has bee effectively ope ati g i this capacity fo quite some time.

Co fe e ce Call I fo matio

Ma ageme t will host a co fe e ce call a d simulta eous webcast at 5:00 p.m. ET o Tuesday, Novembe  10, 2026, to discuss Me cu y’s qua te ly fi a cial esults, busi ess highlights a d outlook. I additio , Compa y ep ese tatives may a swe questio s co ce i g busi ess a d fi a cial developme ts a d t e ds, the Compa y’s view o ea i gs fo ecasts, a d othe busi ess a d fi a cial matte s affecti g the Compa y, the espo ses to which may co tai i fo matio that has ot bee p eviously disclosed.

To pa ticipate i the co fe e ce call Q&A as a a alyst please egiste o li e at https://eve ts.q4i c.com/a alyst/478903701?pwd=p1C55pmZ o dial +1 833 461 5787 by pho e usi g Meeti g ID: 478903701. The live liste -o ly webcast a d eplay will be available i .m cy.com/eve ts-p ese tatio s. A eplay of the webcast will be available two hou s afte the call a d a chived o the same web page fo six mo ths.

Use of No -GAAP Fi a cial Measu es

I additio to epo ti g fi a cial esults i acco da ce with ge e ally accepted accou ti g p i ciples, o GAAP, the Compa y p ovides adjusted EBITDA, adjusted i come, adjusted ea i gs pe sha e (“adjusted EPS”) a d f ee cash flow, which a e o -GAAP fi a cial measu es. Adjusted EBITDA, adjusted i come, a d adjusted EPS exclude ce tai o -cash a d othe specified cha ges. The Compa y believes these o -GAAP fi a cial measu es a e useful to help i vesto s u de sta d its past fi a cial pe fo ma ce a d p ospects fo the futu e. Howeve , these o -GAAP measu es should ot be co side ed i isolatio o as a substitute fo fi a cial i fo matio p ovided i acco da ce with GAAP. Ma ageme t believes these o -GAAP measu es assist i p ovidi g a mo e complete u de sta di g of the Compa y’s u de lyi g ope atio al esults a d t e ds, a d ma ageme t uses these measu es alo g with the co espo di g GAAP fi a cial measu es to ma age the Compa y’s busi ess, to evaluate its pe fo ma ce compa ed to p io pe iods a d the ma ketplace, a d to establish ope atio al goals. A eco ciliatio of GAAP to o -GAAP fi a cial esults discussed i this p ess elease is co tai ed i the attached exhibits.

Me cu y Systems – I ovatio that Matte s^®

Me cu y Systems is a global leade i ae ospace a d defe se elect o ics, p ovidi g b eakth ough capabilities i sig al a d data p ocessi g. With a fou -decade legacy of i ovatio that spa s silico to systems a d adio f eque cy f o t e ds to effecto s, we accele ate comme cial tech ology adoptio to delive powe ful a d secu e missio -c itical p ocessi g solutio s to the edge. We a e headqua te ed i A dove , Massachusetts, a d have multiple locatio s wo ldwide. Ou e d-to-e d p ocessi g ecosystem, the Me cu y P ocessi g Platfo m, is built o tech ologies we have developed a d acqui ed ove 40 yea s. Ou tech ologies a e available as sta da d p oducts o custom solutio s f om silico to system scale to e su e i te ope ability, educed complexity, optimized pe fo ma ce a d speed developme t. To lea mo e, visit m cy.com. (Nasdaq: MRCY)

I vesto s a d othe s should ote that we a ou ce mate ial fi a cial i fo matio usi g ou website (www.m cy.com), SEC fili gs, p ess eleases, public co fe e ce calls, webcasts, a d social media, i cludi g X (X.com/m cy) a d Li kedI (www.li kedi .com/compa y/me cu y-systems). The efo e, we e cou age i vesto s a d othe s i te ested i Me cu y to eview the i fo matio we post o the social media a d othe commu icatio cha els listed o ou website.

Fo wa d-Looki g Safe Ha bo Stateme tThis p ess elease co tai s ce tai fo wa d-looki g stateme ts, as that te m is defi ed i the P ivate Secu ities Litigatio Refo m Act of 1995, i cludi g those elati g to the Compa y’s focus o e ha ced executio of the Compa y’s st ategic pla . You ca ide tify these stateme ts by the wo ds “may,” “will,” “could,” “should,” “would,” “pla s,” “expects,” “a ticipates,” “co ti ue,” “estimate,” “p oject,” “i te d,” “likely,” “fo ecast,” “p obable,” “pote tial,” a d simila exp essio s. These fo wa d-looki g stateme ts i volve isks a d u ce tai ties that could cause actual esults to diffe mate ially f om those p ojected o a ticipated. Such isks a d u ce tai ties i clude, but a e ot limited to, cost i c eases, ou i ability to i c ease p oductio a d delive p oducts o time a d with app op iate quality, co ti ued fu di g of defe se p og ams, the timi g a d amou ts of such fu di g, ge e al eco omic a d busi ess co ditio s, i cludi g u fo esee weak ess i the Compa y’s ma kets, effects of a y U.S. fede al gove me t shutdow o exte ded co ti ui g esolutio , effects of i c easi gly volatile geopolitical eve ts a d egio al co flicts, competitio , cha ges i tech ology a d methods of ma keti g, delays i o cost i c eases elated to completi g developme t, e gi ee i g a d ma ufactu i g p og ams, cha ges i custome o de patte s, cha ges i p oduct mix, co ti ued success i tech ological adva ces a d delive i g tech ological i ovatio s, cha ges i , o i the U.S. gove me t’s i te p etatio of, fede al expo t co t ol o p ocu eme t ules a d egulatio s, i cludi g ta iffs, cha ges i , o i the i te p etatio o e fo ceme t of, e vi o me tal ules a d egulatio s, ma ket accepta ce of the Compa y’s p oducts, sho tages o delays i eceivi g compo e ts, supply chai delays o volatility fo c itical compo e ts, p oductio delays o u a ticipated expe ses i cludi g due to quality issues o ma ufactu i g executio issues, failu e to meet co t actual pe fo ma ce specificatio s, adhe e ce to equi ed ma ufactu i g sta da ds, capacity u de utilizatio , i c eases i sc ap o i ve to y w ite-offs, failu e to achieve o mai tai ma ufactu i g quality ce tificatio s, such as AS9100, failu e to achieve o mai tai qualified busi ess systems, such as those equi ed by the DFARS, adve se fi di gs i gove me t audits o i vestigatio s, the impact of supply chai dis uptio , i flatio a d labo sho tages, amo g othe thi gs, o p og am executio a d the esulti g effect o custome satisfactio , i ability to fully ealize the expected be efits f om acquisitio s, est uctu i gs a d ope atio al efficie cy i itiatives o delays i ealizi g such be efits, challe ges i i teg ati g acqui ed busi esses a d achievi g a ticipated sy e gies, effects of sha eholde activism, i c eases i i te est ates, cha ges to i dust ial secu ity a d cybe -secu ity egulatio s a d equi eme ts a d impacts f om a y cybe o i side th eat eve ts, i cludi g the isks f om heighte ed, pe siste t, a d i c easi gly sophisticated atio -state level cybe attacks a d eme gi g th eats associated with age tic AI-e abled cybe tools, cha ges i tax ates o tax egulatio s, cha ges to i te est ate swaps o othe cash flow hedgi g a a geme ts, cha ges to ge e ally accepted accou ti g p i ciples, difficulties i etai i g key employees a d custome s, litigatio , i cludi g the state law claim elated to ou settled fede al secu ities class actio lawsuit, u a ticipated costs u de fixed-p ice se vice a d system i teg atio e gageme ts, a d va ious othe facto s beyo d ou co t ol. These isks a d u ce tai ties also i clude such additio al isk facto s as a e discussed i the Compa y’s fili gs with the U.S. Secu ities a d Excha ge Commissio , i cludi g its A ual Repo t o Fo m 10-K fo the fiscal yea e ded July 3, 2026 a d subseque t Qua te ly Repo ts o Fo m 10-Q a d Cu e t Repo ts o Fo m 8-K. The Compa y cautio s eade s ot to place u due elia ce upo a y such fo wa d-looki g stateme ts, which speak o ly as of the date made. The Compa y u de takes o obligatio to update a y fo wa d-looki g stateme t to eflect eve ts o ci cumsta ces afte the date o which such stateme t is made.

Co tact:Tyle Hojo, CFA, Se io Vice P eside t, St ategy a d Co po ate Developme tMe cu y Systems, I c.978-967-3676

Me cu y Systems a d I ovatio That Matte s a e egiste ed t adema ks of Me cu y Systems, I c. Othe p oduct a d compa y ames me tio ed may be t adema ks a d/o egiste ed t adema ks of thei espective holde s.

UNAUDITED SUPPLEMENTAL INFORMATION RECONCILIATION OF GAAP TO NON-GAAP MEASURES(I thousa ds, except pe sha e data)

Adjusted EBITDA, a o -GAAP measu e fo epo ti g fi a cial pe fo ma ce, excludes the impact of ce tai items a d, the efo e, has ot bee calculated i acco da ce with GAAP. Ma ageme t believes that exclusio of these items assists i p ovidi g a mo e complete u de sta di g of the Compa y’s u de lyi g esults a d t e ds, a d ma ageme t uses these measu es alo g with the co espo di g GAAP fi a cial measu es to ma age the Compa y’s busi ess, to evaluate its pe fo ma ce compa ed to p io pe iods a d the ma ketplace, a d to establish ope atio al goals. The adjustme ts to calculate this o -GAAP fi a cial measu e, a d the basis fo such adjustme ts, a e outli ed below:

Othe o -ope ati g adjustme ts. The Compa y eco ds othe o -ope ati g adjustme ts such as gai s o losses o fo eig cu e cy emeasu eme t, i vestme ts a d fixed asset sales o disposals amo g othe adjustme ts. These adjustme ts may va y f om pe iod to pe iod without a y di ect co elatio to u de lyi g ope ati g pe fo ma ce.

I te est i come a d expe se. The Compa y eceives i te est i come o i vestme ts a d i cu s i te est expe se o loa s, fi a ci g leases a d othe fi a ci g a a geme ts. These amou ts may va y f om pe iod to pe iod due to cha ges i cash a d debt bala ces a d i te est ates d ive by ge e al ma ket co ditio s o othe ci cumsta ces which may be outside of the o mal cou se of the Compa y’s ope atio s.

I come taxes. The Compa y’s GAAP tax expe se ca fluctuate mate ially f om pe iod to pe iod due to tax adjustme ts that a e ot di ectly elated to u de lyi g ope ati g pe fo ma ce o to the cu e t pe iod of ope atio s.

Dep eciatio . The Compa y i cu s dep eciatio expe se elated to capital assets pu chased to suppo t the o goi g ope atio s of the busi ess. These assets a e eco ded at cost o fai value a d a e dep eciated usi g the st aight-li e method ove the useful life of the asset. Pu chases of such assets may va y sig ifica tly f om pe iod to pe iod a d without a y di ect co elatio to u de lyi g ope ati g pe fo ma ce.

Amo tizatio of i ta gible assets.   The Compa y i cu s amo tizatio of i ta gible assets p ima ily as a esult of acqui ed i ta gible assets such as backlog, custome elatio ships a d completed tech ologies but also due to lice ses, pate ts a d othe a a geme ts, i cludi g the impleme tatio costs of cloud computi g a a geme ts. These i ta gible assets a e valued at the time of acquisitio o upo eceipt of ight to use the asset, amo tized ove the equisite life a d ge e ally ca ot be cha ged o i flue ced by ma ageme t afte acquisitio .

Rest uctu i g a d othe cha ges. The Compa y i cu s est uctu i g a d othe cha ges i co ectio with ma ageme t’s decisio s to u de take ce tai actio s to ealig ope ati g expe ses th ough wo kfo ce eductio s a d the closu e of ce tai Compa y facilities, busi esses a d li es of busi ess. The Compa y’s adjustme ts eflected i est uctu i g a d othe cha ges a e typically elated to acquisitio s a d o ga izatio al edesig p og ams i itiated as pa t of disc ete post-acquisitio i teg atio activities o othe t a sfo matio activities, i cludi g the a alysis, evaluatio , a d pla i g of i fo matio system upg ades a d/o deployme ts. Ma ageme t believes these items a e o – outi e a d may ot be i dicative of o goi g ope ati g esults.

Impai me t of lo g-lived assets. The Compa y i cu s impai me t cha ges of lo g-lived assets based o eve ts that may o may ot be withi the co t ol of ma ageme t. Ma ageme t believes these items a e outside the o mal ope atio s of the Compa y’s busi ess a d a e ot i dicative of o goi g ope ati g esults.

Acquisitio , fi a ci g a d othe thi d pa ty costs. The Compa y i cu s t a sactio costs elated to acquisitio a d pote tial acquisitio oppo tu ities, such as legal, accou ti g, a d othe thi d pa ty adviso y fees. The Compa y may also i cu thi d pa ty costs, such as legal, ba ki g, commu icatio s, p oxy solicitatio , a d othe thi d pa ty adviso y fees i co ectio with e gageme ts by activist i vesto s o u solicited acquisitio offe s. Although the Compa y may i cu such thi d pa ty costs a d othe elated cha ges a d adjustme ts, it is ot i dicative that a y t a sactio will be co summated. Additio ally, the Compa y i cu s u used evolve a d ba k fees associated with mai tai i g its c edit facility as well as o -cash fi a ci g expe ses associated with obtai i g its c edit facility. Ma ageme t believes these items a e outside the o mal ope atio s of the Compa y’s busi ess a d a e ot i dicative of o goi g ope ati g esults.

Fai value adjustme ts f om pu chase accou ti g. As a esult of applyi g pu chase accou ti g ules to acqui ed assets a d liabilities, ce tai fai value adjustme ts a e eco ded i the ope i g bala ce sheet of acqui ed compa ies. These adjustme ts a e the eflected i the Compa y’s i come stateme ts i pe iods subseque t to the acquisitio . I additio , the impact of a y cha ges to o igi ally eco ded co ti ge t co side atio amou ts a e eflected i the i come stateme ts i the pe iod of the cha ge. Ma ageme t believes these items a e outside the o mal ope atio s of the Compa y a d a e ot i dicative of o goi g ope ati g esults.

Litigatio a d settleme t i come a d expe se. The Compa y pe iodically eceives i come a d i cu s expe ses elated to pe di g claims a d litigatio a d associated legal fees a d pote tial case settleme ts a d/o judgme ts. Although the Compa y may i cu such costs a d othe elated cha ges a d adjustme ts, it is ot i dicative of a y pa ticula outcome u til the matte is fully esolved. Ma ageme t believes these items a e outside the o mal ope atio s of the Compa y’s busi ess, ofte occu i pe iods othe tha the pe iod of activity, a d a e ot i dicative of o goi g ope ati g esults. The Compa y pe iodically eceives wa a ty claims f om custome s a d makes wa a ty claims towa ds its ve do s a d supply chai . Ma ageme t believes the expe ses a d gai s associated with these ecu i g wa a ty items a e withi the o mal ope atio s a d ope ati g cycle of the Compa y’s busi ess. The efo e, ma ageme t deems o adjustme ts a e ecessa y u less u de ext ao di a y ci cumsta ces.

Stock-based a d othe o -cash compe satio expe se. The Compa y i cu s expe se elated to stock-based compe satio i cluded i its GAAP p ese tatio of cost of eve ues, selli g, ge e al a d admi ist ative expe se a d esea ch a d developme t expe se. The Compa y also i cu s o -cash based compe satio i the fo m of pe sio elated expe ses a d matchi g co t ibutio s to its defi ed co t ibutio pla . Although stock-based a d othe o -cash compe satio is a expe se of the Compa y a d viewed as a fo m of compe satio , these expe ses va y i amou t f om pe iod to pe iod, a d a e affected by ma ket fo ces that a e difficult to p edict a d a e ot withi the co t ol of ma ageme t, such as the ma ket p ice a d volatility of the Compa y’s sha es, isk-f ee i te est ates a d the expected te m a d fo feitu e ates of the awa ds, as well as pe sio actua ial assumptio s. Ma ageme t believes that exclusio of these expe ses allows compa iso s of ope ati g esults to those of othe compa ies, both public, p ivate o fo eig , that disclose o -GAAP fi a cial measu es that exclude stock-based compe satio a d othe o -cash compe satio .

Me cu y uses adjusted EBITDA as a impo ta t i dicato of the ope ati g pe fo ma ce of its busi ess. Ma ageme t excludes the above-desc ibed items f om its i te al fo ecasts a d models whe establishi g i te al ope ati g budgets, suppleme ti g the fi a cial esults a d fo ecasts epo ted to the Compa y’s boa d of di ecto s, dete mi i g a po tio of bo us compe satio fo executive office s a d othe key employees based o ope ati g pe fo ma ce, evaluati g sho t-te m a d lo g-te m ope ati g t e ds i the Compa y’s ope atio s, a d allocati g esou ces to va ious i itiatives a d ope atio al equi eme ts. The Compa y believes that adjusted EBITDA pe mits a compa ative assessme t of its ope ati g pe fo ma ce, elative to its pe fo ma ce based o its GAAP esults, while isolati g the effects of cha ges that may va y f om pe iod to pe iod without di ect co elatio to u de lyi g ope ati g pe fo ma ce. The Compa y believes that these o -GAAP fi a cial adjustme ts a e useful to i vesto s because they allow i vesto s to evaluate the effective ess of the methodology a d i fo matio used by ma ageme t i its fi a cial a d ope atio al decisio -maki g. The Compa y believes that t e ds i its adjusted EBITDA a e valuable i dicato s of its ope ati g pe fo ma ce.

Adjusted EBITDA is a o -GAAP fi a cial measu e a d should ot be co side ed i isolatio o as a substitute fo fi a cial i fo matio p ovided i acco da ce with GAAP. This o -GAAP fi a cial measu e may ot be computed i the same ma e as simila ly titled measu es used by othe compa ies. The Compa y expects to co ti ue to i cu expe ses simila to the adjusted EBITDA fi a cial adjustme ts desc ibed above, a d i vesto s should ot i fe f om the Compa y’s p ese tatio of this o -GAAP fi a cial measu e that these costs a e u usual, i f eque t o o – ecu i g.

The followi g table eco ciles the most di ectly compa able GAAP fi a cial measu e to the o -GAAP fi a cial measu e.

F ee cash flow, a o -GAAP measu e fo epo ti g cash flow, is defi ed as cash p ovided by ope ati g activities less capital expe ditu es fo p ope ty a d equipme t, which i cludes capitalized softwa e developme t costs, a d, the efo e, has ot bee calculated i acco da ce with GAAP. Ma ageme t believes f ee cash flow p ovides i vesto s with a impo ta t pe spective o cash available fo i vestme t a d acquisitio s afte maki g capital i vestme ts equi ed to suppo t o goi g busi ess ope atio s a d lo g-te m value c eatio . The Compa y believes that t e ds i its f ee cash flow a e valuable i dicato s of its ope ati g pe fo ma ce a d liquidity.

F ee cash flow is a o -GAAP fi a cial measu e a d should ot be co side ed i isolatio o as a substitute fo fi a cial i fo matio p ovided i acco da ce with GAAP. This o -GAAP fi a cial measu e may ot be computed i the same ma e as simila ly titled measu es used by othe compa ies. The Compa y expects to co ti ue to i cu expe ditu es simila to the f ee cash flow fi a cial adjustme t desc ibed above, a d i vesto s should ot i fe f om the Compa y’s p ese tatio of this o -GAAP fi a cial measu e that these expe ditu es eflect all of the Compa y’s obligatio s which equi e cash.

The followi g table eco ciles the most di ectly compa able GAAP fi a cial measu e to the o -GAAP fi a cial measu e.

Adjusted i come a d adjusted ea i gs pe sha e (“adjusted EPS”) a e o -GAAP measu es fo epo ti g fi a cial pe fo ma ce, exclude the impact of ce tai items a d, the efo e, have ot bee calculated i acco da ce with GAAP. Ma ageme t believes that exclusio of these items assists i p ovidi g a mo e complete u de sta di g of the Compa y’s u de lyi g esults a d t e ds a d allows fo compa ability with its pee compa y i dex a d i dust y. These o -GAAP fi a cial measu es may ot be computed i the same ma e as simila ly titled measu es used by othe compa ies. The Compa y uses these measu es alo g with the co espo di g GAAP fi a cial measu es to ma age the Compa y’s busi ess a d to evaluate its pe fo ma ce compa ed to p io pe iods a d the ma ketplace. The Compa y defi es adjusted i come as i come befo e othe o -ope ati g adjustme ts, amo tizatio of i ta gible assets, est uctu i g a d othe cha ges, impai me t of lo g-lived assets, acquisitio , fi a ci g a d othe thi d pa ty costs, fai value adjustme ts f om pu chase accou ti g, litigatio a d settleme t i come a d expe se, a d stock-based a d othe o -cash compe satio expe se. The impact to i come taxes i cludes the impact to the effective tax ate, cu e t tax p ovisio a d defe ed tax p ovisio ⁽¹⁾. Adjusted EPS exp esses adjusted i come o a pe sha e basis usi g weighted ave age diluted sha es outsta di g.  

The followi g table eco ciles the most di ectly compa able GAAP fi a cial measu es to the o -GAAP fi a cial measu es.