MTS Systems (MTSC) Tops Q4 EPS by 8c, Offers Outlook

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MTS Reports Fiscal Year 2017 Fourth Quarter And Full Year Financial Results

November 27, 2017 4:05 PM EST

EDEN PRAIRIE, Minn., Nov. 27, 2017 /PRNewswire/ -- MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of high-performance test systems and sensors, today reported financial results for its fiscal 2017 fourth quarter and full year ended September 30, 2017.

Record quarterly orders driven by record Test orders of $153 million, up 12% year-over-year Record annual revenue of $788 million, up 21% year-over-year Record quarterly Sensors revenue of $77 million, reflecting 12% growth year-over-year Strengthened gross margin to 38%, an annual increase of 3 percentage points Solid annual operating cash flow of $72 million, with $109... More