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CTS Q1 2025 Earnings Report
CTS Corporation announced first quarter 2025 results
Key Takeaways
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.
Sales in the first quarter of 2025 were $126 million, flat compared to the first quarter of 2024.
Sales to diversified end markets increased 14% year-over-year.
Sales to the transportation end market decreased 12% year-over-year.
Net income rose to $13 million, or 11% of sales, from $11 million, or 9% of sales, in the prior year's first quarter.
Forward Guidance
CTS is maintaining its full-year 2025 guidance for sales and adjusted diluted EPS, assuming current market conditions continue.
Positive Outlook
- Maintaining full-year sales guidance of $520-$550 million.
- Maintaining full-year adjusted diluted EPS guidance of $2.20-$2.35.
- Management is focused on agility in adapting to cost and price adjustments.
- Strategic priority on growing revenues organically and through acquisitions.
- Diversification remains a strategic priority.
Challenges Ahead
- Monitoring the near-term economic impact of tariffs.
- Monitoring the near-term economic impact of the geopolitical environment.
- Inability to provide reconciliation of forward-looking non-GAAP measures to GAAP due to difficulty forecasting certain items.
- Potential impact of U.S./China relations.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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