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MTS Systems Corp (MTSC.OQ)

MTSC.OQ on NASDAQ Stock Exchange Global Select Market

52.20USD
17 Nov 2017
Change (% chg)

$-0.20 (-0.38%)
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$52.40
Open
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Volume
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Latest Key Developments (Source: Significant Developments)

MTS Systems Corp says on July 6, co entered into amendment to its credit agreement dated as of July 5, 2016
Friday, 7 Jul 2017 

July 6 (Reuters) - MTS Systems Corp ::MTS Systems Corp says on July 6, co entered into an amendment to its credit agreement dated as of July 5, 2016 - sec filing.MTS systems-agreement amended to decrease applicable interest rate margin for tranche b term loans by 100 basis points for eurocurrency, ABR term loans.MTS Systems Corp - applicable margin for tranche b term loans designated as eurocurrency term loans will be 3.25%.MTS Systems Corp - applicable rate for tranche b term loans designated as abr term loans will be 2.25%.  Full Article

MTS Reprices $457 million senior secured term loan B facility
Friday, 7 Jul 2017 

July 6 (Reuters) - Mts Systems Corp :MTS Reprices $457 million senior secured term loan b facility.Mts Systems Corp says company also repriced its revolving credit facility of up to $120 million to reduce applicable rate by 100 basis points.Mts Systems-‍new applicable rate is libor plus 325 basis points, subject to a .75 percent libor floor, resulting in interest savings of over $4 million per year​.  Full Article

Test Research to pay cash dividend of T$3 per share for 2016
Wednesday, 22 Feb 2017 

Test Research Inc <3030.TW>:Says it will pay cash dividend of T$3 per share for 2016.  Full Article

MTS Q3 earnings per share $0.78 excluding items
Tuesday, 9 Aug 2016 

Mts Systems Corp : Mts reports fiscal 2016 third quarter financial results . Q3 earnings per share $0.78 excluding items . Sees fy 2016 revenue $630 million to $640 million . Q3 earnings per share view $0.74 -- Thomson Reuters I/B/E/S . Sees fy 2016 gaap earnings per share $1.35 to $1.50 . Q3 gaap earnings per share $0.46 . Q3 revenue $158 million versus i/b/e/s view $146.8 million . says expects fiscal 2016 gaap eps to be in range of $1.35-$1.50 per share . In q4,expect to incur additional transaction-related amortization expense of about $3 million,net interest expense expected to be about $7 million . Mts systems corp says expect fiscal 2016 revenue to be between $630 million and $640 million .Fy2016 earnings per share view $2.73 -- Thomson Reuters I/B/E/S.  Full Article

MTS Systems Corp says entered into an amendment to credit agreement
Monday, 1 Aug 2016 

Mts Systems Corp : After giving effect to amendment, revolving commitment under senior secured credit facility is $120 million . On July 29, 2016, MTS Systems Corporation entered into an amendment to its credit agreement dated as of July 5, 2016 - sec filing . Credit agreement was amended to increase revolving commitment by $20 million Source - (http://bit.ly/2aJuJAr) Further company coverage: [MTSC.O] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

MTS Systems entered into credit agreement - SEC filing
Thursday, 7 Jul 2016 

Mts Systems Corp: On July 5, entered into a credit agreement among company, company's foreign subsidiaries - SEC filing . Agreement provides for senior secured credit facilities consisting of $100 million revolving credit facility, $460 million term loan b facility . Proceeds of revolving credit facility will be used to refinance existing indebtedness .Amounts borrowed by foreign subsidiary borrowers are limited to total U.S. Dollar equivalent aggregate amount of $25 million.  Full Article

MTS Systems Corp says sells 150,000 additional 8.75% equity units
Saturday, 18 Jun 2016 

MTS Systems Corp - :Sells 150,000 additional 8.75% tangible equity units pursuant to underwriters' over-allotment option.  Full Article

MTS sells 247,500 additional shares
Wednesday, 15 Jun 2016 

MTS Systems Corp :MTS sells 247,500 additional shares of common stock pursuant to underwriters' over-allotment option.  Full Article

MTS Systems files for potential mixed shelf offering - SEC filing
Wednesday, 8 Jun 2016 

MTS Systems Corp :Files for potential mixed shelf offering, size not disclosed - SEC filing.  Full Article

MTS Systems announces proposed public offering of common stock
Wednesday, 8 Jun 2016 

Mts Systems : Proposed offerings consist of 1.5 million common shares,1 million tangible equity units, each tangible equity unit with a stated amount of $100 . Mts systems corp says intends to use a portion of net proceeds of tangible equity units to fund cost of capped call transactions . Mts systems corp says to use remaining net proceeds of offerings to partially fund acquisition of pcb .Mts announces proposed public offering of common stock and tangible equity units.  Full Article

BRIEF-MTS Systems Q3 earnings per share $0.55

* Q3 earnings per share view $0.48 -- Thomson Reuters I/B/E/S