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

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MTS Reports Fiscal 2015 Second Quarter Financial Results

May 4, 2015 4:01 PM EDT

EDEN PRAIRIE, Minn., May 4, 2015 /PRNewswire/ -- MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of high-performance test systems and position sensors, today reported fiscal 2015 second quarter financial results.

Revenue up 5 percent to $144 million, and up 12 percent on a constant currency basis EPS increased to $0.77, up 54 percent Strong orders of $159 million, down 3 percent, but up 5 percent on a constant currency basis; near record backlog of $324 million Continuing market strength reflected in record Test order pipeline of $924 million Full-year... More