CTS Announces Second Quarter 2020 Results

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CTS Corp. (CTS) Tops Q2 EPS by 9c, Revenues Miss

July 31, 2020 8:03 AM EDT

CTS Corp. (NYSE: CTS) reported Q2 EPS of $0.16, $0.09 better than the analyst estimate of $0.07. Revenue for the quarter came in at $84.2 million versus the consensus estimate of $89.02 million.

Sales were $84.2 million, down 30% year-over-year. Sales to transportation customers declined 53%, and sales to other end... More