This section presents our current expectations and estimates, given current visibility, on our business outlook for the current fiscal quarter. It is possible that actual performance will differ materially from the estimates given, either on the upside or on the downside. Investors should consider all of the risks, including those listed in the Safe Harbor Statement below and in our periodic filings with the U.S. Securities and Exchange Commission, with respect to these estimates, and make themselves aware of the risk factors that may impact our actual performance.
For the third quarter of fiscal 2013, revenues are currently forecasted to be in the range of $44 million to $50 million. At this range, GAAP net loss per share is expected to be in the range of a net loss of $0.02 to $0.08 per share. Projected GAAP net loss per share includes $0.06 per share associated with forecasted amortization of acquired intangible assets and previously announced restructuring expense.
Adjusted EBITDA for the third quarter of fiscal 2013 is expected to be in the range of ($2.5) million to $1.0 million.Recent Highlights December – Mercury Systems announced that its Mercury Defense Systems subsidiary received contracts from two major defense prime contractors to supply high-fidelity radio frequency (RF) environment simulators. The RF environment simulators represent some of the latest advancements in simulator technology used by customers to test and validate RF sensors both under development and in production. The combined total of these contracts exceeds $5 million and includes a provision for the acquisition of additional simulators within Mercury's fiscal 2013. December – Mercury announced industry-leading innovations in thermal management for air-cooled, conduction-cooled and VITA 48 subsystem chassis, including its revolutionary Air Flow-By™ cooling technique for VITA 48.7/48.1 circuit card assemblies that reduces module weight by more than 20 percent, reduces the power of a typical system by greater than 5 percent, and improves the mean-time-between-failures by five times. These new solutions establish Mercury as a forerunner in addressing the insatiable industry demand for more processing performance at the mezzanine, module and system levels.
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