CTS Corporation announced robust financial results for the fourth quarter and full year 2025, with diversified end-market sales increasing significantly. The company achieved strong profitable growth, margin expansion, and cash generation, while also expanding its product offering in the transportation market and securing new business awards. Diversification remains a core strategic focus.
CTS Corporation announced strong third quarter 2025 results, with sales increasing 8% year-over-year to $143 million. The company achieved solid profitability despite an extraordinary charge related to an EPA claim, and demonstrated strong cash generation. Growth was primarily fueled by a 22% increase in sales to diversified end markets.
CTS Corporation reported a strong second quarter in 2025, with total sales reaching $135 million, a 4% increase year-over-year. Net income rose significantly to $19 million, up from $15 million in the prior year, and diluted EPS increased to $0.62. The company achieved solid profitability, with adjusted EBITDA margin expanding by 130 basis points to 23.0%, and generated strong operating cash flow of $28 million.
CTS Corporation reported flat sales year-over-year in the first quarter of 2025, totaling $126 million. Despite a challenging operating environment, the company saw double-digit sales growth in diversified end markets while sales to the transportation market decreased. Net income and EPS increased year-over-year, although adjusted EPS saw a slight decline. The company maintained its full-year 2025 guidance.
CTS Corporation reported a 2% increase in sales year-over-year for Q4 2024, reaching $127 million, driven by a 28% increase in diversified end-markets, while the transportation end-market saw an 18% decrease. Net income was $14 million, with earnings per diluted share at $0.45 and adjusted earnings per diluted share at $0.53. The SyQwest acquisition contributed $11 million in revenue during the quarter.
CTS Corporation announced third quarter 2024 results with improved earnings and stronger cash flow. Sales were $132 million, down 2% year-over-year, but up 2% sequentially. Net income was $19 million, up from $14 million in the third quarter of 2023. The company is updating its full year 2024 sales guidance to $515 - $525 million and reiterating its adjusted diluted EPS guidance to $2.05 - $2.25.
CTS Corporation announced second quarter 2024 results with sales of $130 million, down 10% year-over-year. Net income was $15 million, up from $13 million in the second quarter of 2023. Earnings per diluted share were $0.48, compared to $0.41 in the second quarter of 2023. The company updated its guidance for 2024 with sales in the range of $525 - $540 million and adjusted diluted EPS to be in the range of $2.05 - $2.25.
CTS Corporation reported first quarter 2024 sales of $125.7 million and net income of $11 million, with earnings per diluted share at $0.36 and adjusted earnings per diluted share at $0.47. The company is maintaining its full-year guidance with sales expected in the range of $530 to $570 million and adjusted diluted EPS between $2.10 and $2.35.
CTS Corporation reported Q4 2023 sales of $125 million, a 12% decrease year-over-year. Net income remained consistent at $15 million, with earnings per diluted share increasing to $0.49 from $0.47. The company anticipates a soft first half of 2024 but expects an improving trend in the second half.
CTS Corporation announced third quarter 2023 results, which were impacted by headwinds in industrial end markets and distribution. Sales were $135 million, down 11% year-over-year. Net income was $14 million, and diluted earnings per share were $0.44. The company is updating its full-year guidance due to continued headwinds.
CTS Corporation reported a slight increase in sales, with transportation sales up double digits offsetting softness in industrial markets. Net income and EPS also saw marginal increases compared to the previous year.
CTS Corporation reported sales of $146.0 million, a decrease of 1.2% year-over-year. Net income was $18.3 million, with earnings per share at $0.58. The company maintains its 2023 guidance with sales between $580 - $640 million and adjusted diluted EPS between $2.40 - $2.70.
CTS Corporation announced its Q4 and full-year 2022 results, showcasing a 7% increase in revenue for the quarter and a rise in adjusted EPS to $0.56. The company's diversification and electrification strategies contributed to profitable growth, with non-transportation end markets growing by 22%.
CTS Corporation announced strong third quarter results with a 24% increase in revenue and expansion of Adjusted EBITDA margin by 60-basis points. The company's diversification into non-transportation end markets contributed to the positive performance.
CTS Corporation announced strong second quarter results with a 12% increase in revenue and a 90-basis point Adjusted EBITDA margin expansion. Sales to non-transportation end markets increased 21%, and sales to the transportation end market increased 4%.
CTS Corporation reported a 15% increase in revenue and an adjusted EBITDA margin expansion of 350 basis points in Q1 2022. The company's diversification strategy and strong balance sheet were key factors in its performance. They anticipate non-transportation end markets to be closer to 50% of total revenues in the year ahead.
CTS Corporation reported an 8% increase in sales, reaching $132.5 million. Non-transportation revenues increased by 25%, while transportation revenues decreased by 3%. Net income was $9.2 million, or $0.28 per diluted share, and adjusted diluted EPS was $0.49. New business wins totaled $185 million.
CTS Corporation announced third quarter 2021 results with sales up 8% year-over-year, driven by growth in non-transportation end markets. The company reported a net loss impacted by a non-cash pension plan termination charge, but adjusted diluted EPS increased. CTS has raised and narrowed its 2021 guidance for sales and adjusted diluted EPS.
CTS Corporation reported strong second-quarter results with a 54% increase in sales year-over-year, reaching $129.6 million. Adjusted diluted EPS rose to $0.52, up from $0.16 in Q2 2020, and free cash flow increased to $16.3 million. The company is updating its 2021 guidance for sales from $445 – $500 million to $480 – $500 million, and for adjusted diluted EPS from $1.35 – $1.70 to $1.70 – $1.90.
CTS Corporation announced strong first quarter 2021 results with sales of $128.4 million, up 25% year-over-year. Net earnings were $12.0 million, or $0.37 per diluted share, compared to $3.8 million, or $0.12 per diluted share in the first quarter of last year. Adjusted diluted EPS was $0.46, up from $0.19 in the first quarter of 2020. Free cash flow was $18.5 million, up from $7.4 million in the first quarter of 2020.
CTS Corporation announced strong Q4 2020 results, with sales up 7% year-over-year to $123 million and net earnings of $14.9 million, or $0.46 per diluted share. Adjusted diluted EPS was $0.43, up 16% from Q4 2019, and free cash flow increased by 28% to $22.0 million. New business wins reached $104 million.
CTS Corporation announced third quarter 2020 results with sales of $113.8 million, a 2% decrease year-over-year, but a 35% increase from the second quarter of 2020. Net earnings were $11.1 million, or $0.34 per diluted share, compared to $2.7 million, or $0.08 last year. Adjusted diluted EPS was $0.34, compared to $0.29 last year. New business wins were $127 million.
CTS Corporation reported a 30% year-over-year decrease in sales, totaling $84.2 million for Q2 2020. Net earnings also decreased to $4.9 million, or $0.15 per diluted share, compared to $11.9 million, or $0.36 per share, in the previous year. The company's transportation segment experienced a significant decline, while other end markets showed growth. Despite the challenges, CTS secured $105 million in new business wins and maintained a positive free cash flow of $9.1 million.
CTS Corporation reported a decrease in sales by 12.4% year-over-year, with sales totaling $103.1 million. Net earnings decreased to $3.8 million, with adjusted diluted EPS at $0.19. Free cash flow increased to $7.4 million, and the company reported new business wins of $105 million.
CTS Corporation reported Q4 2019 sales of $115.0 million, a 4.2% decrease year-over-year. Net earnings were $10.1 million, or $0.31 per diluted share, compared to $17.6 million, or $0.52 last year. Adjusted diluted EPS was $0.37, down from $0.41 in Q4 2018.