CTS Announces Fourth Quarter and Full Year 2017 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., Feb. 06, 2018 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE:CTS) today announced fourth quarter and full year 2017 results. Fourth Quarter 2017 Results Sales were $110.9 million, up 9.2% year-over-year. Sales to automotive customers increased 7.3%, and sales of electronic components grew 12.7%. The Noliac acquisition, completed in May 2017, added $3.0 million of sales in the fourth quarter of 2017.Net loss was $13.6 million or $0.41 per share, which included a $18.0 million one-time, non-cash charge related to the Tax Cuts and Jobs Act and a $13.4 million one-time, non-cash pension settlement charge.Adjusted diluted EPS was $0.39 compared to $0.29 in the same quarter of 2016. Full Year 2017 Results Sales were $423.0 million, up 6.6% compared to 2016. Sales to automotive customers increased 4.8%, and sales of electronic components grew 10.2%. The Noliac acquisition added $7.1 million of sales in 2017.Net earnings were $14.4 million or $0.43 per diluted share.Adjusted dil
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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