MTS Reports Fiscal 2020 Second Quarter Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
MTS Systems (MTSC) Tops Q2 EPS by 1c, Revenues Beat
May 4, 2020 4:42 PM EDTMTS Systems (NASDAQ: MTSC) reported Q2 EPS of $0.27, $0.01 better than the analyst estimate of $0.26. Revenue for the quarter came in at $211.46 million versus the consensus estimate of $208.19 million.
SECOND QUARTER FINANCIAL AND OPERATING HIGHLIGHTS
Record orders of $277.4 million, an increase of 31.1%, reflecting record orders in both our Test & Simulation and Sensors Business UnitsBacklog strong at $500.1 million, an increase of 1.4% over prior yearRevenue of $211.5 million, a decline of 9.3%Sensors revenue growth of 4.6%GAAP diluted loss per share of $(0.06), reflecting the impact of the restructuring actions taken amidst economic uncertaintyAdjusted... More