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MTSC - MTS Systems News Story

$58.49 0.0  0.0%

Last Trade - 06/04/21

Sector
Industrials
Size
Mid Cap
Market Cap £815.3m
Enterprise Value £1.15bn
Revenue £588.0m
Position in Universe th / 6858

BRIEF-Mts Reports Fiscal 2019 First Quarter Financial Results

Mon 4th February, 2019 12:19pm
Feb 4 (Reuters) - MTS Systems Corp  MTSC.O :
    * MTS REPORTS FISCAL 2019 FIRST QUARTER FINANCIAL RESULTS
    * Q1 EARNINGS PER SHARE $0.54
    * Q1 REVENUE ROSE 4.6 PERCENT TO $203.2 MILLION
    * QTRLY BACKLOG OF $514.7 MILLION, A YEAR-OVER-YEAR INCREASE
OF
45%
    * QTRLY ADJUSTED EARNINGS PER SHARE $0.59
    * MTS SYSTEMS - "WE ANTICIPATE NET REDUCTION IN OUR LEVERAGE
RATIO
BETWEEN NOW AND END OF FISCAL YEAR 2019"
    * "MAINTAIN OUR EXPECTED OUTLOOK FOR FISCAL YEAR 2019"
    * SEES FISCAL YEAR 2019 ADJUSTED EARNINGS PER SHARE BETWEEN
$2.42
TO $2.72
    * SEES FISCAL YEAR 2019 REVENUE BETWEEN $830 MILLION TO $870
MILLION
    * Q1 EARNINGS PER SHARE VIEW $0.55 -- REFINITIV IBES DATA
    * Q1 REVENUE VIEW $206.7 MILLION -- REFINITIV IBES DATA
    * FY2019 EARNINGS PER SHARE VIEW $2.56 -- REFINITIV IBES
DATA
    * FY2019 REVENUE VIEW $855.5 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn1yR5NCa 
Further company coverage:  MTSC.O 

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