CTS Announces First Quarter 2018 Results
CTS Corporation (CTS)
Last cts corporation earnings: 4/23 08:00 am
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US:NYSE Investor Relations:
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Source: GlobeNewswire
LISLE, Ill., April 26, 2018 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE:CTS) today announced first quarter 2018 results. Sales were $113.5 million, up 13.4% year-over-year. Sales to automotive customers increased 11.9%, and sales of electronic components increased 16.2%. The Noliac acquisition, completed in May 2017, added $2.6 million of sales in the first quarter of 2018.Net earnings were $11.5 million or $0.34 per diluted share compared to $8.5 million or $0.25 per diluted share in the first quarter of 2017.Adjusted EPS was $0.34 per diluted share, up 31% from $0.26 in the first quarter of 2017.Total Booked Business was $1.762 billion at the end of the first quarter of 2018, an increase of $25 million from the fourth quarter of 2017. “We had a good start to 2018, delivering strong sales and earnings growth, and increasing total booked business,” said Kieran O’Sullivan, CEO of CTS Corporation. “We are pleased that our revenue growth strategies are starting to gain traction, and we
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News
- CTS Corporation Announces Date for First Quarter 2024 Earnings Release and Conference CallGlobeNewswire
- Global Automotive Actuators Market Report 2024-2030: Rising Demand for Fuel Efficiency, Vehicle Performance, Safety Features, and Electric Vehicles Accelerating Growth [Yahoo! Finance]Yahoo! Finance
- Automotive Actuators Market to Reach $40.93 Billion by 2030: Global Industry Trends and Growth Insights Featuring Bosch, Nidec, Denso, Johnson Electric, Mitsubishi, CTS, Hitachi, Aptiv, BorgWarner [Yahoo! Finance]Yahoo! Finance
- EMI/RFI: Materials and Technologies - A Comprehensive Market Analysis by BCC Research [Yahoo! Finance]Yahoo! Finance
- CTS Corporation to Participate in the Baird Conference on Vehicle Technology & Mobility [Yahoo! Finance]Yahoo! Finance
CTS
Sec Filings
- 4/15/24 - Form 4
- 4/15/24 - Form 4
- 4/11/24 - Form 144
- CTS's page on the SEC website