Welcome to our dedicated page for CTS news (Ticker: CTS), a resource for investors and traders seeking the latest updates and insights on CTS stock.
CTS Corp (CTS) delivers critical sensors, actuators, and electronic components to aerospace, defense, and industrial markets worldwide. This dedicated news hub provides investors and professionals with verified updates directly from the company.
Access quarterly earnings releases, new product specifications, and manufacturing expansion announcements alongside strategic partnership details. Our curated feed eliminates speculation by focusing solely on CTS-issued communications and vetted industry coverage.
Track the company's progress in developing IoT-enabled solutions and next-gen motion technologies through primary source materials. For stakeholders monitoring electronic component innovation, this page offers essential updates without promotional content.
Bookmark this resource for structured access to CTS's operational developments across North American, European, and Asian markets. Check regularly for insights into quality-driven engineering advancements shaping multiple industries.
CTS (NYSE: CTS) has scheduled its first quarter 2025 earnings release for Wednesday, April 30, 2025, at approximately 8:00 a.m. ET. The company will host a conference call with management to discuss the Q1 2025 results at 10:00 a.m. ET on the same day.
Investors can access the call through U.S. dial-in numbers: +1-833-470-1428 (Toll-Free) and +1-404-975-4839 (Local). International callers should refer to Global Dial In Numbers for their local access. The passcode for the call is 971790. A live audio webcast will be available on the Investors section of CTS 's website, where it will remain archived for one year.
CTS (NYSE: CTS) has announced a quarterly dividend distribution. The company's Board of Directors has declared a cash dividend of $0.04 per share on outstanding shares of common stock. The dividend will be paid on April 25, 2025, to shareholders who are recorded as holders of CTS stock at the close of business on March 28, 2025.
CTS reported Q4 2024 results with sales of $127 million, up 2% year-over-year, driven by a 28% increase in diversified end-markets sales, while transportation end-market sales declined 18%. The SyQwest acquisition contributed $11 million in Q4 revenue.
For full-year 2024, sales decreased 6% to $516 million, with diversified end-markets growing 7% while transportation declined 17%. Net income was $58 million (11% of sales), with earnings per diluted share at $1.89. The company achieved an improved adjusted EBITDA margin of 23% and operating cash flow of $99 million.
Looking ahead, CTS provided 2025 guidance with expected sales of $520-$550 million and adjusted diluted EPS of $2.20-$2.35.
CTS (NYSE: CTS) has announced its schedule for releasing fourth quarter and full-year 2024 financial results. The earnings release is set for Tuesday, February 4, 2025, at approximately 8:00 a.m. ET. Following the release, the company will host a conference call at 10:00 a.m. ET to discuss the results with management.
Participants can join the call using the following dial-in numbers: +1-833-470-1428 (U.S. Toll-Free) and +1-404-975-4839 (U.S. Local). International callers should refer to Global Dial In Numbers for their local access. The passcode for the call is 389682. A live audio webcast will be available on the company's investor relations website and archived for one year.
CTS (NYSE: CTS) has announced its participation in the upcoming 27th Annual Needham Growth Conference. The company's President and CEO, Kieran O'Sullivan, will be presenting on January 14, 2025, at 8:00 AM (EST). Investors and interested parties can access a live webcast of the presentation through a provided link or via the Investors section of the CTS website. The presentation will remain available for replay on the conference website for 90 days following the event.
CTS (NYSE: CTS) announced that its Board of Directors has declared a quarterly cash dividend of $0.04 per share on outstanding shares of common stock. The dividend will be paid on January 31, 2025, to shareholders of record at the close of business on December 27, 2024.
CTS (NYSE: CTS) has announced its participation in the upcoming Baird 2024 Global Industrial Conference. The company's President and CEO, Kieran O'Sullivan, will be presenting at the conference on November 12, 2024, at 8:20 a.m. (EST). The event will take place at The Ritz-Carlton Chicago. Interested parties can find additional information about the conference on the Baird Conferences website.
CTS reported Q3 2024 results with sales of $132 million, down 2% year-over-year but up 2% sequentially. Net income reached $19 million (14% of sales), improving from $14 million in Q3 2023. Sales to diversified markets grew 18% year-over-year, while transportation end market sales declined 17%. Earnings per diluted share increased to $0.61 from $0.44 year-over-year. Operating cash flow strengthened to $35 million from $22 million in Q3 2023. The company updated its 2024 sales guidance to $515-525 million, down from previous $525-540 million range, while maintaining adjusted EPS guidance of $2.05-2.25.
CTS (NYSE: CTS) has announced the release date for its third quarter 2024 earnings report. The company will disclose its financial results on Tuesday, October 29, 2024, at approximately 8:00 a.m. ET. Following the release, CTS will host a conference call at 10:00 a.m. ET on the same day to discuss the results with management.
Interested parties can access the call using the following dial-in numbers:
- U.S. Toll-Free: +1-833-470-1428
- U.S. Local: +1-404-975-4839
- International: Refer to Global Dial In Numbers for specific locations
The passcode for the call is 230766. Additionally, a live audio webcast will be available on the CTS website's Investors section, where it will be archived for one year.
CTS (NYSE: CTS) has announced its participation in the upcoming Sidoti Small Cap Conference on September 18, 2024. The event will be held virtually, with CTS President and CEO Kieran O'Sullivan scheduled to speak at 4 p.m. EDT.
Investors and interested parties can access a live webcast of the presentation through a provided link. Additional information about the conference, including registration details, can be found on the Sidoti Conference website. This virtual event offers an opportunity for CTS to showcase its business to potential investors and industry analysts.
