MTS Reports Fiscal 2015 Second Quarter Financial Results

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Go back to MTS Reports Fiscal 2015 Second Quarter Financial Results

MTS Systems (MTSC) Tops Q2 EPS by 1c, Lowers FY15 Guidance

May 4, 2015 4:56 PM EDT

MTS Systems (NASDAQ: MTSC) reported Q2 EPS of $0.77, $0.01 better than the analyst estimate of $0.76. Revenue for the quarter came in at $114 million versus the consensus estimate of $148.1 million.

MTS Systems sees FY2015 EPS of $3.00-$3.20, versus the consensus of $3.81. MTS Systems sees FY2015 revenue of $565-580 million, versus the consensus of $609.89 million.

Outlook

"In Test, our large order flow and pipeline expansion continues to confirm the macro trends driving investments by our customers in new product development capabilities, with... More