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News Breaks | | | | November 15, 2012 | | 17:22 EDT |  | MTSC | MTS Systems expects FY13 EPS growth 5%-10%
"In order to accelerate our top-line growth to over 10% per year over the next few years, investment is essential in infrastructure, sales support and field service capacity and capability. We began investing in earnest in FY12 and will continue in FY13. Based on our market opportunities and our strong backlog, we expect FY13 revenue and EPS growth rates in the 5% to 10% range. We also anticipate revenue and EPS performance to be more back-half loaded than in recent years because of the nature of the Test backlog and the timing of planned investments," the company said. | |
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| May 6, 2013 | | 16:44 EDT |  | MTSC | MTS Systems lowers 2013 revenue growth outlook to 4%-6% from 5%-10%
Lowers 2013 revenue outlook to $560M-$575M. The company cites Test segment orders, continued softness in Sensors markets and its commitment to invest for growth for the lowered outlook. For the full fiscal year, revenue is expected to grow 4%-6%, compared to the previous growth range of 5%-10, and earnings per share are expected to be $3.30-$3.70, down from the previous outlook of 5%-10%. | | | 16:41 EDT | | MTSC | MTS Systems reports Q2 EPS 69c, consensus 66c
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