MTS Systems Corp. Earnings Retreat 11% In Q4

(RTTNews) - MTS Systems Corp. (MTSC) revealed a profit for fourth quarter that lost ground compared to the same period last year.

The company said its earnings declined to $10.52 million, or $0.55 per share. This was lower than $11.77 million, or $0.78 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 41.8% to $199.28 million. This was up from $140.50 million last year.

MTS Systems Corp. earnings at a glance:

-Earnings (Q4): $10.52 Mln. vs. $11.77 Mln. last year. -Earnings Decline (Y-o-Y): -10.6% -EPS (Q4): $0.55 vs. $0.78 last year. -EPS Decline (Y-o-Y): -29.5% -Revenue (Q4): $199.28 Mln vs. $140.50 Mln last year. -Revenue Change (Y-o-Y): 41.8%

-Guidance: Full year EPS guidance: $0.80 -$1.20 Full year revenue guidance: $760 - $790 Mln