MTS Systems logo

MTSC - MTS Systems News Story

$58.49 0.0  0.0%

Last Trade - 06/04/21

Sector
Industrials
Size
Mid Cap
Market Cap £826.7m
Enterprise Value £1.16bn
Revenue £596.3m
Position in Universe th / 6854

BRIEF-MTS Reports Q1 Adjusted Earnings Per Share $0.37

Mon 3rd February, 2020 9:10pm
Feb 3 (Reuters) - MTS Systems Corp  MTSC.O :
    * MTS REPORTS FISCAL 2020 FIRST QUARTER FINANCIAL RESULTS
    * Q1 ADJUSTED EARNINGS PER SHARE $0.37
    * Q1 EARNINGS PER SHARE $0.27
    * Q1 REVENUE ROSE 1.3 PERCENT TO $205.8 MILLION
    * BACKLOG OF $396.0 MILLION AT QUARTER END WAS DOWN 23.1%
COMPARED
TO SAME PRIOR YEAR PERIOD
    * SEES 2020 REVENUE $955 MILLION TO $995 MILLION
    * SEES 2020 ADJUSTED DILUTED EARNINGS PER SHARE $2.20 TO
$2.55
    * SEES 2020 DILUTED EARNINGS PER SHARE $2.05 TO $2.35
    * MTS SYSTEMS  - CONTINUE TO EXPERIENCE WEAKNESS IN TOP LINE
FOR
OUR TEST & SIMULATION BUSINESS MAINLY DUE TO DELAYS IN ORDER
TIMING FROM 2ND HALF OF 2019

Source text for Eikon:  ID:nPn1Gsyna 
Further company coverage:  MTSC.O 

 ((Reuters.Briefs@thomsonreuters.com;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.