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News Breaks
November 15, 2012
17:22 EDTMTSCMTS 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.
News For MTSC From The Last 14 Days
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May 5, 2015
14:50 EDTMTSCMTS Systems management to meet with Stephens
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May 4, 2015
16:09 EDTMTSCMTS Systems lowers FY15 EPS view to $3.00-$3.20 from $3.60-$4.00
FY15 consensus $3.81. Lowers FY15 revenue view to $565M-$580M from $615M-$645M, consensus $609.89M. The company said, "While our end-markets remain strong, given the significant headwinds from the stronger U.S. dollar, particularly against the euro and the yen, and the continued higher mix of custom orders which, while decreasing on a sequential quarter basis, remains higher than expected this year, we are adjusting our fiscal year 2015 guidance for revenue down to a range of $565 million to $580 million and earnings per share to a range of $3.00 to $3.20. The negative impact from the stronger dollar directly accounts for approximately 70 percent of the reduction in revenue and 40 percent of the reduction in earnings per share. The remaining decrease is driven by the continued higher mix of custom orders and pricing pressures from the stronger dollar, offset in part by our productivity and efficiency initiatives combined with a strong cost focus across the business. We believe this range will more accurately reflect our operational performance given the expected impact of today's currency values and our business mix. In the interim, we will continue to enhance our product capabilities, improve our business processes and drive productivity improvements in Test as well as new product development in Sensors to drive the business forward for the remainder of this year and into fiscal 2016."
16:05 EDTMTSCMTS Systems lowers FY15 outlook
16:04 EDTMTSCMTS Systems reports Q2 EPS 77c, consensus 76c
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