CTS Corp. (CTS) Misses Q4 EPS by 1c, Revenues Beat; Offers FY19 EPS/Revenue Guidance
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CTS Announces Fourth Quarter and Full Year 2018 Results
February 5, 2019 8:01 AM ESTLISLE, Ill., Feb. 05, 2019 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE: CTS) today announced fourth quarter and full year 2018 results.
Fourth Quarter 2018 Results
Sales were $120.1 million, up 8.3% year-over-year. Sales to transportation customers increased 7.2%, and sales to other end markets grew 10.2%.Net earnings were $17.6 million or $0.52 per diluted share.Adjusted diluted EPS was $0.41 compared to $0.39 in the fourth quarter of 2017.Full Year 2018 Results
Sales were $470.5 million, up 11.2% compared to 2017. Sales to transportation customers increased 9.0%, and sales to other end markets grew... More