MTS Systems Corp. Bottom Line Climbs 49% In Q3

(RTTNews) - MTS Systems Corp. (MTSC) announced a profit for its third quarter that advanced from last year.

The company said its bottom line came in at $10.62 million, or $0.56 per share. This was higher than $7.15 million, or $0.46 per share, in last year's third quarter.

The company said revenue for the quarter rose 22.9% to $193.76 million. This was up from $157.70 million last year.

MTS Systems Corp. earnings at a glance:

-Earnings (Q3): $10.62 Mln. vs. $7.15 Mln. last year. -Earnings Growth (Y-o-Y): 48.5% -EPS (Q3): $0.56 vs. $0.46 last year. -EPS Growth (Y-o-Y): 21.7% -Revenue (Q3): $193.76 Mln vs. $157.70 Mln last year. -Revenue Change (Y-o-Y): 22.9%

-Guidance: Full year EPS guidance: $1.15 - $1.30 Full year revenue guidance: $770 - $785 Mln