CTS Corp. (CTS) Reports In-Line Q4 EPS
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CTS Announces Fourth Quarter and Full Year 2016 Results
February 7, 2017 8:00 AM ESTContinued growth in sales and earnings
Solid new business awards
LISLE, Ill.--(BUSINESS WIRE)-- CTS Corporation (NYSE: CTS) today announced fourth quarter and full year 2016 results.
Fourth Quarter 2016 Results
Sales were $101.6 million, up 8.9% compared to 2015. Sales to automotive customers increased 5.5%, and sales of electronic components grew 16.0%. Net earnings were $8.3 million or $0.25 per diluted share. Adjusted diluted EPS was $0.29 compared to $0.20 in 2015. New business awards were $132 million.Full Year 2016 Results
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