CTS Corp. (CTS) Tops Q3 EPS by 1c, Raises FY Guidance
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CTS Announces Third Quarter 2018 Results
October 25, 2018 8:00 AM EDTStrong sales and earnings
LISLE, Ill., Oct. 25, 2018 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE: CTS) today announced third quarter 2018 results.
Sales were $118.9 million, up 11.9% year-over-year. Sales to transportation customers increased 9.6%, and sales of electronic components increased 15.9%.Net earnings were $10.2 million or $0.30 per diluted share, up from $9.6 million or $0.29 per diluted share in the third quarter of 2017.Adjusted EPS was $0.39 per diluted share, up from $0.31 in the third quarter of 2017.Total Booked Business was $1.832 billion at the end of the third quarter of... More