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MTS: Fiscal 1Q Earnings Snapshot

EDEN PRAIRIE, Minn. (AP) _ MTS Systems Corp. (MTSC) on Monday reported fiscal first-quarter earnings of $5.3 million.

On a per-share basis, the Eden Prairie, Minnesota-based company said it had profit of 27 cents. Earnings, adjusted for costs related to mergers and acquisitions, were 36 cents per share.

The maker of mechanical testing systems posted revenue of $205.8 million in the period.

MTS expects full-year earnings in the range of $2.20 to $2.55 per share, with revenue in the range of $955 million to $995 million.

MTS shares have climbed almost 5% since the beginning of the year. In the final minutes of trading on Monday, shares hit $50.25, a fall of slightly more than 2% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTSC at https://www.zacks.com/ap/MTSC