MTS Systems (MTSC) Tops Q3 EPS by 4c

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MTS Reports Fiscal 2016 Third Quarter Financial Results

August 8, 2016 4:06 PM EDT

EDEN PRAIRIE, MN, Aug. 8, 2016 /PRNewswire/ -- MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of high-performance test systems and sensors, today reported financial results for its fiscal 2016 third quarter ended July 2, 2016.

Revenue of $158 million, an increase of 18% compared to the prior year GAAP EPS of $0.46 including a $0.32 negative impact from acquisition-related expenses, restructuring expenses... More