CTS Announces First Quarter 2024 Results [Yahoo! Finance]
CTS Corporation (CTS)
Last cts corporation earnings: 4/23 08:00 am
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Source: Yahoo! Finance
LISLE, Ill., May 01, 2024 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE: CTS), a leading global designer and manufacturer of custom engineered solutions that “Sense, Connect and Move,” today announced first quarter 2024 results. “We achieved sales and earnings in line with our expectations. Our teams made progress on operational improvements in the first quarter, which helped offset the unfavorable impact from lower volumes. As anticipated, we are seeing some early signs of recovery in the industrial end market,” said Kieran O'Sullivan, CEO of CTS Corporation. “CTS is focused on future growth through continued diversification of our customer base and building our pipeline of opportunities. We remain committed to a disciplined capital structure to support organic growth, strategic acquisitions and returning cash to shareholders.” First Quarter 2024 Results Sales were $125.7 million, down 14% year-over-year, and up 1% sequentially compared to the fourth quarter of 2023. Sales to non-
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News
- CTS Corporation Declares a DividendGlobeNewswire
- CTS Corporation (NYSE:CTS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- CTS Announces First Quarter 2024 ResultsGlobeNewswire
- 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
CTS
Sec Filings
- 5/13/24 - Form 8-K
- 5/9/24 - Form 4
- 5/9/24 - Form 3
- CTS's page on the SEC website