MTS Systems (MTSC) Reports Revenue About In-Line with Views
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/25/2026
- Nasdaq lags on angst over AI spending ahead of earnings reports
- Elon Musk’s trillion-dollar meltdown: How SpaceX and Tesla erased $700 billion
- Intel jumps 10% after AI-fueled quarter crushes estimates, upbeat outlook
- Oil falls on report China pushing for end US-Iran war
- Why Meta, Microsoft, and Nvidia are championing open-weight AI
- FDA approves Tylenol with Naproxen as first OTC combo pain reliever
- AMD (AMD) PT Raised to $1,250 at Baird
- Pakistan, Iran explore path towards new talks with US in a China-initiated push, sources say
- Elon Musk’s trillion-dollar meltdown: How SpaceX and Tesla erased $700 billion
- Nasdaq lags on angst over AI spending ahead of earnings reports
MTS Reports Fiscal 2018 First Quarter Financial Results
February 5, 2018 4:05 PM ESTEDEN PRAIRIE, Minn., Feb. 5, 2018 /PRNewswire/ -- MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of high-performance test systems and sensors, today reported financial results for its fiscal year 2018 first quarter ended December 30, 2017.
Revenues of $194 million, driven by double-digit growth of 11% in Sensors year-over-year Consolidated gross margin improvement of 3 percentage points year-over-year to 40% Discrete tax benefit of $25 million from the Tax Cuts and Jobs Act of 2017 Record quarterly GAAP earnings per share of $1.72, a $1.63 year-over-year increase Cash of $94 million on the balance sheet at quarter end... More