CTS Corp. engages in the design and manufacture of sensors, connectivity components, and actuators. Its products include controls, pedals, piezo sensing products, sensors, switches, transducers, electromagnetic and radio frequency interference filters, capacitors, frequency control, resistors, piezo microactuators, and rotary microactuators. The company was founded by A. J. Briggs, George A. Briggs, and S. A. Buffington in 1896 and is headquartered in Lisle, IL.

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CTS reports solid Q4 results, addresses semiconductor challenges for growth

CTS navigated economic uncertainties well, focusing on growth and operational improvements. Despite challenges from semiconductor supply issues, the company is optimistic about resolving them and capitalizing on opportunities in the electrification market.

CTS reports solid Q1 performance, eyes growth in electrification

CTS had a solid quarter despite margin pressures. Strong focus on diversification and growth markets. Challenges include pricing pressures and cautious outlook on demand. Opportunities lie in EV growth and market demand for automation.

CTS reports solid Q2 earnings, focuses on transportation and electrification

CTS Corporation had a stable Q2 2023 with a focus on transportation and electrification.
Operational improvements and cost reductions are key strategies for future growth.
Challenges include softness in industrial markets and debt balance considerations.
Opportunities lie in transportation market growth and strategic acquisitions.

CTS reports Q3 sales decline, focuses on electrified vehicle growth

CTS faced a decline in sales and profitability in Q3 2023 but demonstrated resilience through customer additions and innovation in electrified vehicles.
The company's strategic focus on operational improvements and revenue diversification presents opportunities for long-term growth.
Challenges in transportation sales and margin decline highlight the need for efficiency enhancements and cost controls in a competitive market landscape.
Revised full-year guidance and commitment to electrified platforms underscore CTS's proactive approach to financial management and market positioning.

CTS reports Q4 sales decline, eyes growth in medical and defense

CTS faces challenges from soft demand in key markets but is capitalizing on growth opportunities in medical, defense, and electrified vehicle sectors. The company is focused on operational efficiency and profitability amid pricing pressures.
Guidance for 2024 indicates a strategic approach to managing costs and driving earnings growth. CTS aims to navigate the soft revenue environment in Q1 2024 and position itself for potential improvements in H2.

CTS reports Q1 sales decline but anticipates industrial market growth

CTS faced sales decline in Q1 2024 but showed improved gross margin and positive order flow in the industrial market.
Strong cash generation, progress on facility consolidation, and stock repurchases highlight the company's financial stability and confidence.
Challenges lie in anticipated sector-specific performance variations, while opportunities exist in revenue growth and market diversification strategies.

CTS reports resilient Q2 earnings, eyes growth amid market challenges

CTS Corporation delivered resilient performance in Q2 2024, navigating challenges in the transportation market and showcasing strength in nontransportation sales and strategic acquisitions.
While facing headwinds, CTS remains focused on profitability, shareholder value, and future growth opportunities, supported by sound financial management and market adaptability.
The company's outlook for the second half of 2024 includes modest growth expectations, driven by the SyQwest acquisition, industrial market recovery, and operational improvements.
CTS's commitment to financial stability, operational efficiency, and strategic investments positions it to address challenges and capitalize on opportunities for sustainable growth.

CTS reports robust Q3 earnings, eyes growth in defense sector

CTS delivered strong financial performance in Q3 2024, driven by diversified market revenue and margin expansion.
While facing challenges in certain markets, the company is capitalizing on strengths in medical and defense segments.
Opportunities lie in continued aerospace and defense sales growth, M&A pipeline development, and EPS accretion from acquisitions.
Focus on efficiency, cash flow, and shareholder returns remains key priorities for CTS.

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CTS (NYSE:CTS) reported its Q3 earnings results on Wednesday, October 27, 2021 at 08:00 AM. Here's what investors need to know about the announcement.

CTS: Q3 Earnings Insights

Solid Financial Results Driven by Long-Term Diversification of the Business Solid Financial Results Driven by Long-Term Diversification of the Business

CTS Announces Third Quarter 2021 Results

LISLE, Ill., Oct. 14, 2021 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE: CTS) will release earnings for the third quarter 2021 at approximately 8:00 a.m. (EDT) on Wednesday, October 27, 2021.

CTS Corporation Announces Dates for Third Quarter 2021 Earnings Release and Conference Call

CTS Corporation (CTS) CEO Kieran O'Sullivan on Q2 2021 Results - Earnings Call Transcript

CTS Corp (NYSE: CTS) reported second-quarter FY21 sales growth of 54% year-on-year to $129.6 million, beating the analyst consensus of $121.9 million. The Sensor Scientific acquisition added $1.6 million of sales.

CTS Beats On Q2 Earnings, Expands Margins, Raises FY21 Guidance

Shares of CTS (NYSE:CTS) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share were up 225.00% year over year to $0.52, which beat the estimate of $0.38.

CTS: Q2 Earnings Insights

Strong performance in a challenging supply chain environment Strong performance in a challenging supply chain environment

CTS Announces Second Quarter 2021 Results

LISLE, Ill., July 12, 2021 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE: CTS) will release earnings for the second quarter 2021 at approximately 8:00 a.m. (EDT) on Tuesday, July 27, 2021.

CTS Corporation Announces Dates for Second Quarter 2021 Earnings Release and Conference Call

Does CTS (CTS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Momentum Investors Will Love CTS (CTS)

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LISLE, Ill., May 13, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of CTS Corporation (NYSE: CTS) approved a new share repurchase program that authorizes the company to repurchase up to $50 million of its common stock, replacing the program authorized by the Board of Directors in February 2019.

CTS Corporation Board of Directors Authorizes New Share Repurchase Program and Declares a Dividend

CTS Corp (CTS) CEO Kieran O'Sullivan on Q1 2021 Results - Earnings Call Transcript

CTS Corp (NYSE: CTS) reported first-quarter FY21 revenue growth of 25% year-on-year to $128.4 million, beating the analyst consensus of $119.2 million. Sales to transportation customers and sales to other end markets rose 23% and 27%, respectively.

CTS Beats On Q1 Earnings, Raises FY21 Guidance

Strong Sales and Earnings despite challenging supply chain environment Strong Sales and Earnings despite challenging supply chain environment

CTS Announces First Quarter 2021 Results

LISLE, Ill., April 16, 2021 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE: CTS) will release earnings for the first quarter 2021 at approximately 8:00 a.m. (ET) on Thursday, April 29, 2021.

CTS Corporation Announces Dates for First Quarter 2021 Earnings Release and Conference Call

LISLE, Ill., March 15, 2021 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE: CTS) will be presenting at the Sidoti Virtual Investor Conference on March 24, 2021 at 3:15 p.m. (EDT). You may access a live webcast of the virtual event using this link or from the Investors section of the CTS Corporation website at www.ctscorp.com. The webcast will also be available for replay on the CTS Corporation website for 30 days following the presentation.

CTS to Present at the Sidoti Virtual Investor Conference

CTS appears to be on track for a cyclical recovery amid positive near-term trends in transportation. The cautious guidance numbers also leave room for an upside surprise in the upcoming quarters.

CTS Corp.: A Cyclical Recovery Play With Secular Upside Potential

LISLE, Ill., Feb. 12, 2021 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE: CTS) today announced that Donna M. Costello has been appointed to its board of directors, effective February 11, 2021.

CTS Corporation Announces Appointment of Donna M. Costello to its Board of Directors

CTS Corp (CTS) CEO Kieran O'Sullivan on Q4 2020 Results - Earnings Call Transcript

Shares of CTS (NYSE:CTS) decreased 0.2% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 16.22% year over year to $0.43, which beat the estimate of $0.34.

CTS: Q4 Earnings Insights

Continued market recovery, solid operational performance Continued market recovery, solid operational performance

CTS Announces Fourth Quarter and Full Year 2020 Results

On Tuesday, February 09, CTS (NYSE:CTS) will release its latest earnings report. Benzinga's outlook for CTS is included in the following report.

Earnings Outlook for CTS

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LISLE, Ill., Jan. 26, 2021 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE: CTS) will release earnings for the fourth quarter and FY2020 at approximately 8:00 a.m. (EST) on Tuesday, February 9, 2021.

CTS Corporation Announces Dates for Fourth Quarter and FY2020 Earnings Release and Conference Call

LISLE, Ill., Jan. 04, 2021 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE: CTS) will be presenting virtually at the 23rd Annual Needham Growth Conference on January 11, 2021 at 3:30 p.m. (EST). You may access a live webcast of the virtual event using this link or from the Investors section of the CTS Corporation website at www.ctscorp.com. The webcast will also be available for replay on the CTS Corporation website following the presentation.

News for CTS Stock (CTS)