MTS Systems (MTSC) Tops Q1 EPS by 19c

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MTS Reports Fiscal 2016 First Quarter Financial Results

February 9, 2016 4:06 PM EST

EDEN PRAIRIE, MN, Feb. 9, 2016 /PRNewswire/ -- MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of high-performance test systems and position sensors, today reported financial results for its fiscal 2016 first quarter ended January 2, 2016.

Solid first quarter revenue of $141 million was down approximately one percent, up three percent on a constant currency basis First quarter EPS of $0.78 was down $0.12, down $0.01 excluding the benefit... More