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MTS (MTSC) Reports 2009 Q4 Financial Results
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Earnings
Posted on 11/20/09 at 7:18am by Ben Zinga
MTS Systems Corporation (Nasdaq: MTSC) reported fiscal 2009 fourth quarter results. 18 percent sequential orders increase; 3 percent sequential backlog increase. EPS before discontinued operations decreased on a year-over-year basis to a loss of $0.18 per share on lower volume; severance charges totaled $0.33 per share.
MTS Systems Corporation is a leading global supplier of test systems and industrial position sensors.
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