MTS Systems (MTSC) Tops Q2 EPS by 16c
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MTS Reports Fiscal 2017 Second Quarter Financial Results
May 8, 2017 4:05 PM EDTEDEN PRAIRIE, MN, May 8, 2017 /PRNewswire/ --Â MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of high-performance test systems and sensors, today reported financial results for its fiscal year 2017 second quarter ended April 1, 2017.
Revenues of $193 million, an increase of 41 percent from the prior year period, with continued double digit organic growth of 10 percent and 31 percent growth from the PCB acquisition Gross margin of 41 percent increased 790 basis points from the prior year period driven by continued focus on project execution in Test and Sensors being a... More