MTSC News and Press, MTS Systems Corporation From 12/15/20

MTS Systems (MTSC) shares gain 1.3% pre-market after fiscal Q4 beats with revenue down 4% Y/Y to $215.05. Earlier this month, Amphenol (APH) announced it would acquire for MTS for about $1.7B. The deal is expected to close in the middle of next year.MTS attributed its Q4 r...

MTS Systems (MTSC): Q4 Non-GAAP EPS of $0.95 beats by $0.67; GAAP EPS of -$14.56 misses by $14.67.Revenue of $215.1M (-4.0% Y/Y) beats by $11.85M.Shares +1.31% PM.Press Release For further details see: MTS Systems EPS beats by $0.67, beats on revenue

MTS Systems (MTSC): Q4 Non-GAAP EPS of $0.44 beats by $0.16; GAAP EPS of -$15.17 misses by $15.28.Revenue of $215.05M (-4.0% Y/Y) beats by $11.8M.Shares +1.5% PM.Press Release For further details see: MTS Systems EPS beats by $0.16, beats on revenue

MTS Reports Fiscal Year 2020 Fourth Quarter And Full Year Financial Results EDEN PRAIRIE, Minn. , Dec. 15, 2020 /PRNewswire/ -- MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of advanced test systems, motion simulators and precision sensors, today repo...

Sogou continues its decline following previous deal update. Sogou merger arbitrage simple spread widens to largest gap since deal announcement. Merger arbitrage cash spreads produce a negative return for first time in almost 3 months. For further details see: Merger Arbi...

MTS Systems has been struggling for years. Sales have been increasing, driven by dealmaking, as organic sales growth and margins are lagging. After having initiated a small position last year, I welcome the current acquisition by Amphenol, as I am happily recycling the cash elsewh...

Gainers: MTS Systems (MTSC) +52%. Usio (USIO) +14%. UTStarcom (UTSI) +11%. Siyata Mobile (SYTA) +8%. NetSol Technologies (NTWK) +7%.Losers: Blonder Tongue Laboratories (BDR) -24%. Photronics (PLAB) -16%. STMicroelectronics (STM) -16%. Luminar Technologies (LAZR) -14%. Kubi...

Gainers: Greenwich LifeSciences (GLSI) +424%.Xenetic Biosciences (XBIO) +329%.Rocket Pharmaceuticals (RCKT) +79%.MTS Systems (MTSC) +52%.Cypress Environmental Partners (CELP) +46%.Intec Pharma (NTEC) +42%.ZW Data Action Technologies (CNET) +33%.Cardtronics (CATM) +33%.Editas Medicine (ED...

Shares of MTS Systems (NASDAQ: MTSC) , a supplier of test systems, motion simulators, and sensors, skyrocketed on Wednesday. The stock had jumped more than 50% as of 10:50 a.m. EST. The stock's gain follows news that Amphenol (NYSE: APH) , a provider of high-technology i...

Amphenol (APH) and MTS Systems (MTSC) enter into a definitive agreement for Amphenol to acquire MTS for $58.50 per share in cash, or ~$1.7B, including the assumption of outstanding debt and liabilities, net of cash.The acquisition of MTS is expected to be accretive to Amphenol&...