CTS Corp Stock Price, News & Analysis

CTS Corporation reported its Q1 2025 financial results, showing mixed performance across different market segments. Sales remained flat at $126 million year-over-year, with diversified end markets growing 14% while transportation declined 12%.

Net income improved to $13 million (11% of sales), up from $11 million in Q1 2024. Earnings per diluted share increased to $0.44 from $0.36, though adjusted earnings decreased to $0.44 from $0.47. The company maintained a strong adjusted EBITDA margin of 20.5%.

Looking ahead, CTS maintains its 2025 guidance with expected sales of $520-$550 million and adjusted EPS of $2.20-$2.35. The company continues to focus on market diversification and operational execution while monitoring economic impacts from tariffs and the geopolitical environment.

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.