CTS: Q1 Earnings Snapshot
CTS Corp. (CTS) on Thursday reported profit of $18.3 million in its first quarter. On a per-share basis, the Lisle, Illinois-based company said it had net income of 58 cents. Earnings, adjusted for non-recurring costs, came to 61 cents per share. The electronics manufacturer posted revenue of $146 million in the period
By AP News
Published - Apr 27, 2023, 08:24 AM ET
Last Updated - May 06, 2024, 09:03 AM EDT
LISLE, Ill. (AP) — LISLE, Ill. (AP) — CTS Corp. (CTS) on Thursday reported profit of $18.3 million in its first quarter.
On a per-share basis, the Lisle, Illinois-based company said it had net income of 58 cents. Earnings, adjusted for non-recurring costs, came to 61 cents per share.
The electronics manufacturer posted revenue of $146 million in the period.
CTS expects full-year earnings in the range of $2.40 to $2.70 per share, with revenue in the range of $580 million to $640 million.
