CTS Announces Third Quarter 2024 Results
CTS Corporation (CTS)
Last cts corporation earnings: 4/23 08:00 am
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US:NYSE Investor Relations:
ctscorp.com/investors
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Source: GlobeNewswire
LISLE, Ill., Oct. 29, 2024 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE: CTS), a leading global designer and manufacturer of custom engineered solutions that “Sense, Connect and Move,” today announced third quarter 2024 results. “We delivered improved earnings and generated stronger cash flow in the third quarter. Margins expanded as we made progress on operational improvements,” said Kieran O’Sullivan, CEO of CTS Corporation. “Near term market conditions remain challenging. We continue to advance our diversification strategy through the expansion of our customer base and end markets. We remain committed to a disciplined capital structure to drive organic growth, strategic acquisitions and returning cash to shareholders.” Third Quarter 2024 Results Sales were $132 million, down 2% year-over-year, and up 2% sequentially compared to the second quarter of 2024. Sales to diversified end markets* increased 18% year-over-year and 5% sequentially. Sales to the transportation end market dec
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News
- A Look At The Intrinsic Value Of CTS Corporation (NYSE:CTS) [Yahoo! Finance]Yahoo! Finance
- CTS Corporation Declares a DividendGlobeNewswire
- CTS Corporation to Participate in the Baird 2024 Global Industrial ConferenceGlobeNewswire
- CTS Co. (NYSE: CTS) was downgraded by analysts at Scotiabank from a "strong-buy" rating to a "hold" rating.MarketBeat
- Piezoelectric Ceramics Industry Research Report 2024: Shift Towards Smart Materials and Adaptive Systems Spurs Innovations - Global Market Forecast to 2030 [Yahoo! Finance]Yahoo! Finance
CTS
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/8/24 - Form 4
- CTS's page on the SEC website