MTS Systems Corp. Announces 53% Rise In Q4 Profit

(RTTNews) - MTS Systems Corp. (MTSC) reported a profit for its fourth quarter that rose compared to the same period last year.

The company said its bottom line advanced to $8.54 million, or $0.44 per share. This was higher than $5.57 million, or $0.29 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 6.2% to $201.49 million. This was down from $214.85 million last year.

MTS Systems Corp. earnings at a glance:

-Earnings (Q4): $8.54 Mln. vs. $5.57 Mln. last year. -Earnings Growth (Y-o-Y): 53.3% -EPS (Q4): $0.44 vs. $0.29 last year. -EPS Growth (Y-o-Y): 51.7% -Revenue (Q4): $201.49 Mln vs. $214.85 Mln last year. -Revenue Change (Y-o-Y): -6.2%

-Guidance: Full year EPS guidance: $2.05 to $2.30 Full year revenue guidance: $780 - $820 Mln