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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 Corporation (NYSE: CTS) will announce its earnings for Q4 and full-year 2021 at 8:00 a.m. (EDT) on February 8, 2022. A subsequent conference call with management is scheduled for the same day at 10:00 a.m. (EDT), accessible via dial-in or live audio webcast. CTS is a key player in designing and manufacturing sensors, actuators, and electronic components across various markets including aerospace, industrial, medical, telecommunications, and transportation.
CTS Corporation (NYSE: CTS) announced that Kieran O’Sullivan, President and CEO, will participate in a fireside chat at the Stephens 23rd Annual Investment Conference on December 2, 2021, at 3:00 p.m. (CST) in Nashville, TN. Interested parties can access a live webcast of the event via the CTS website. The presentation will also be available for replay for 90 days.
CTS specializes in sensors, actuators, and electronic components, serving various markets including aerospace, industrial, and transportation.
The Board of Directors of CTS has declared a cash dividend of $0.04 per share, set for payment on January 14, 2022. Shareholders of record will be those on record as of the close of business on December 10, 2021. CTS is a prominent designer and manufacturer of devices that Sense, Connect, and Move, offering products in various sectors, including aerospace, industrial, medical, telecommunications, and transportation.
CTS Corporation reported third quarter 2021 sales of $122.4 million, an 8% increase year-over-year. Notably, sales to non-transportation markets surged 24%, while transportation sales fell 5%. The recent acquisition of Sensor Scientific contributed $1.8 million in revenue. However, the company faced a net loss of $63.9 million, or $(1.97) per diluted share, primarily due to a $76 million non-cash charge linked to pension plan termination. Management raised its sales guidance for 2021 to $495 – $505 million, reflecting optimism despite supply chain concerns.
CTS Corporation (NYSE: CTS) is set to release its third quarter earnings on October 27, 2021, at 8:00 a.m. (EDT).
A conference call to discuss the results will follow at 10:00 a.m. (EDT), with a U.S. dial-in number at 800-309-1256. The replay of the conference call will be available from 1:00 p.m. (EDT) on the same day until November 10, 2021. The live audio webcast can be accessed via the Investors section of the CTS website.
CTS Corporation has declared a cash dividend of $0.04 per share, which is payable on November 5, 2021. Shareholders must be on record by the close of business on October 1, 2021. This decision reflects the company's ongoing commitment to returning value to shareholders. CTS operates in various sectors, including aerospace, defense, and telecommunications, designing and manufacturing products that Sense, Connect, and Move.
CTS Corporation reported strong second-quarter 2021 results with sales of $129.6 million, a 54% increase year-over-year. Sales to transportation customers rose 88% while other markets grew 26%. However, net earnings decreased to $0.9 million or $0.03 per diluted share, significantly impacted by a non-cash pension charge of $20.1 million. Adjusted diluted EPS improved to $0.52, and free cash flow reached $16.3 million. The company raised its full-year sales guidance to $480 – $500 million and adjusted EPS guidance to $1.70 – $1.90.
CTS Corporation (NYSE: CTS) is set to release its second quarter 2021 earnings on July 27, 2021, at 8:00 a.m. (EDT). A management conference call will follow at 10:00 a.m. (EDT) to discuss the results. Interested parties can join via a U.S. dial-in number or listen to a live audio webcast on the CTS website. The call will be replayed from 1:00 p.m. (EDT) on the same day until August 10, 2021. CTS is a premier provider of sensors, actuators, and electronic components across various markets, including aerospace, industrial, and medical sectors.
CTS Corporation (NYSE: CTS) announced the approval of a new share repurchase program, allowing for the buyback of up to $50 million of its common stock, replacing the previous program from February 2019. Additionally, the Board of Directors declared a cash dividend of $0.04 per share, with a payment date set for July 23, 2021, for shareholders on record by June 18, 2021. These moves aim to enhance shareholder value while reflecting the company's ongoing commitment to returning capital to its investors.
CTS Corporation (NYSE: CTS) reported first quarter 2021 results showcasing strong financial performance with sales of $128.4 million, a 25% increase year-over-year. Notably, sales to transportation customers rose 23%, bolstered by the Sensor Scientific acquisition, contributing $1.8 million. Net earnings reached $12.0 million or $0.37 per diluted share, up significantly from $3.8 million or $0.12 last year. Free cash flow improved to $18.5 million from $7.4 million. The company adjusted its 2021 guidance for sales to $445 – $500 million and for adjusted earnings to $1.35 – $1.70.