MTS Systems Corp (MTSC) Reports In-Line Q3 EPS; Guides FY11 Revs Outlook
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MTS Systems Corp (NASDAQ: MTSC) reported Q3 EPS of $0.69, in-line with the analyst estimate of $0.69. Revenue for the quarter came in at $116.8 million versus the consensus estimate of $112.03 million.
In light of the company's third quarter financial results, and assuming economic conditions continue as is, the company expects to modestly exceed its previous full-year outlook for revenue growth, EBIT rate as a percentage of revenue and return on invested capital (ROIC).
In light of the company's third quarter financial results, and assuming economic conditions continue as is, the company expects to modestly exceed its previous full-year outlook for revenue growth, EBIT rate as a percentage of revenue and return on invested capital (ROIC).
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