MTS Reports Fiscal 2020 First Quarter Financial Results

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Go back to MTS Reports Fiscal 2020 First Quarter Financial Results

MTS Systems (MTSC) Misses Q1 EPS by 8c, Revenues Miss; Provides FY20 EPS/Revenue Guidance

February 3, 2020 4:09 PM EST

MTS Systems (NASDAQ: MTSC) reported Q1 EPS of $0.37, $0.08 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $205.8 million versus the consensus estimate of $225.84 million.

Revenue of $205.8 million, an increase of 1.3%Sensors revenue growth of 9.7%GAAP diluted earnings per share of $0.27Adjusted diluted earnings per share of $0.37, including $0.20 of amortization expenseDemand outlook strengthening with growth in orders anticipated for the remainder of the fiscal yearExecuted agreement to acquire R&D entitiesDeclared 152nd consecutive quarterly dividend

EXECUTIVE COMMENTARY - DR. JEFF GRAVES,... More