CHELMSFORD, Mass., Oct. 4, 2012 (GLOBE NEWSWIRE) -- Mercury Computer Systems, Inc. (Nasdaq:MRCY) ( www.mc.com ), a best-of-breed provider of commercially developed, open sensor and Big Data processing systems for critical commercial, defense and intelligence applications, today announced revised financial guidance for the first fiscal quarter ending September 30, 2012. Based upon currently available information, revenue for the quarter is expected to be in the range of $48 million to $50 million. This compares with the Company's prior guidance of $55 million to $61 million, including revenues from Micronetics, Inc., which was acquired by Mercury on August 8, 2012. The reduction in revenues versus prior guidance was primarily due to delayed orders associated with the Navy's Surface Electronic Warfare Improvement Program (SEWIP) Block 2.
Mercury Computer Systems Announces Revised First Quarter Fiscal 2013 Financial Guidance
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