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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 £828.5m
Enterprise Value £1.17bn
Revenue £597.6m
Position in Universe th / 6848

BRIEF-MTS Systems Q3 Adjusted Earnings Per Share $0.44

Mon 3rd August, 2020 10:32pm
Aug 3 (Reuters) - MTS Systems Corp  MTSC.O :
    * MTS REPORTS FISCAL 2020 THIRD QUARTER FINANCIAL RESULTS
    * Q3 ADJUSTED EARNINGS PER SHARE $0.44
    * Q3 GAAP EARNINGS PER SHARE $0.23
    * Q3 REVENUE FELL 15.5 PERCENT TO $196.2 MILLION
    * BACKLOG AT QUARTER END OF $451.4 MILLION, AN INCREASE OF
1.8%
OVER PRIOR YEAR
    * "WE EXPERIENCED SOFTER DEMAND AS PANDEMIC FORCED MANY
CUSTOMERS
TO TEMPORARILY SHUT DOWN THEIR OPERATIONS AND DELAY ORDERS"
    * AS WE LOOK TO Q4, WE EXPECT TO SUSTAIN OUR PERFORMANCE
SEQUENTIALLY

Source text for Eikon:  ID:nPn9ZGjRra 
Further company coverage:  MTSC.O 

 (((Reuters.Briefs@thomsonreuters.com);))
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