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16:19 EDTMTSC
theflyonthewall.com: MTS Systems reports Q4 EPS of (18c) vs. consensus 19c
Reported Q4 revenue of $93.8M vs. consensus $89.03M. MTS initiated further workforce and cost reduction actions in Q4 related to process and structure improvements and material sourcing. The actions impacted approximately 130 positions and resulted in a pretax severance charge of $8.1M, or 33c per share, in the quarter. Combined with cost-reduction initiatives taken earlier in the year, the company anticipates saving approximately a net $21M before taxes in fiscal 2010. :theflyonthewall.com



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February 4, 2010
16:08 EDTMTSC
theflyonthewall.com: MTS Systems reports Q1 EPS 23c vs. consensus of 26c
Reports Q1 revenue $89M vs. consensus of $91.52M. :theflyonthewall.com