CTS Corporation designs and manufactures products that Sense, Connect and Move, including sensors, actuators and electronic components. The company supplies engineered products from operations in North America, Europe and Asia to aerospace & defense, industrial, medical and transportation customers.
Recurring CTS news centers on quarterly and annual results, demand across diversified end markets and transportation, margin and cash-flow commentary, guidance, dividends, share repurchase authorizations, investor presentations and management or board updates.
CTS (NYSE: CTS) declared a cash dividend of $0.04 per common share, payable on January 22, 2027.
The dividend applies to outstanding common shares and will be paid to shareholders of record at the close of business on December 24, 2026.
CTS (NYSE: CTS) raised its 2026 outlook after third-quarter sales increased 5% year over year to $149.6 million. Net income rose to $17.8 million from $13.7 million, and diluted earnings per share increased to $0.61 from $0.46. Adjusted diluted EPS reached $0.77 versus $0.60. Adjusted gross margin increased to 42.2% from 38.9%, while operating cash flow rose to $43.5 million from $29.0 million.
Assuming current market conditions continue, CTS expects 2026 sales of $580–$590 million, previously $565–$585 million, and adjusted diluted EPS of $2.78–$2.88, previously $2.55–$2.70. Diversified end-market sales grew 7% and represented 60% of sales; transportation sales grew 2%. CTS said its Millar acquisition advances diversification, particularly in medical markets. Quarterly income tax expense increased to $20.468 million from $6.033 million.
CTS (NYSE: CTS) has completed its acquisition of Millar Holdings for $50 million, adding pressure-sensing technologies to its portfolio. The purchase price is net of cash acquired and debt assumed. Additional contingent consideration is payable subject to Millar achieving specified financial performance targets.
Millar designs, develops and manufactures pressure-sensing technologies for medical devices, life sciences and industrial applications. CTS said the acquisition expands its medical-sensing presence and adds technology, employees and customer relationships, while broadening its exposure to diversified end markets. The company expects the combination to enhance its ability to deliver sensing solutions worldwide and create long-term shareholder value.
CTS Corporation (NYSE: CTS) will release its third-quarter 2026 earnings on October 27, 2026, at approximately 8:00 a.m. ET. Management will discuss the results in a conference call that day at 10:00 a.m. ET. A live audio webcast will be available through the company’s investor website and archived for one year.
CTS (NYSE: CTS) introduced its first Digital Temperature Sensor platform, adding digital sensing to its existing temperature sensing portfolio.
The platform is designed for temperature monitoring in industrial, medical, transportation, and electronics applications. It combines temperature measurement with digital communication and is available in multiple probe and housing configurations. CTS said the addition broadens its portfolio to serve existing and future customers.
CTS Corporation (NYSE: CTS) announced that its portfolio of current sensing solutions is now available through a network of authorized distribution partners, broadening access for customers in non-automotive, high-growth markets. Target industries include data centers, industrial automation, energy infrastructure, medical devices, aerospace and defense, telecommunications, and power management systems.
According to CTS, the expanded channel is intended to provide faster access, local support, and scalable supply, while distributors also offer design assistance and supply chain efficiencies. CTS highlights both standard current sensing products and customized, application-specific solutions developed in close collaboration with customers.
CTS (NYSE: CTS) announced a correction to its prior dividend notice, clarifying that the shareholders of record year is 2026, not 2025. The board has declared a $0.04 per share cash dividend on common stock, payable on October 23, 2026 to shareholders of record at the close of business on September 25, 2026.
CTS (NYSE: CTS) reported second quarter 2026 net sales of $144.8 million, up 7% year over year, with diversified end-market sales up 15% and now representing 59% of revenue, while transportation sales decreased 2%. Net earnings were $19.2 million (13.2% margin) versus $18.5 million a year ago.
Adjusted gross margin reached 41.5% (up 270 bps), adjusted EBITDA margin 25.4% (up 240 bps), and adjusted diluted EPS $0.74, up from $0.57. Operating cash flow was $33.4 million, $5.0 million higher than the prior year. According to CTS, 2026 sales guidance was raised to $565–$585 million and adjusted diluted EPS to $2.55–$2.70.
CTS (NYSE: CTS) plans to release its second quarter 2026 earnings on Tuesday, July 28, 2026, at approximately 8:00 a.m. ET. Management will discuss the results on a conference call the same day at 10:00 a.m. ET, following the release.
Participants can access the earnings call by registering online through the designated CTS Corporation Q2 2026 Earnings Call and Analyst registration links, which will provide dial-in details and a conference ID. A live audio webcast will be available in the Investors section of the CTS website, where the archived webcast will remain accessible for one year.
CTS (NYSE: CTS) appointed current COO Pratik Trivedi as Chief Executive Officer and President, effective July 6, 2026. He will also join the Board. Kieran O’Sullivan will step down as CEO after 14 years and become Executive Chair, remaining on the Board.
The Board highlights a focused, two-year succession process and notes Trivedi’s leadership record and experience at CTS, Eaton and Cummins.