CTS Corp. (CTS) Misses Q2 EPS by 1c: Lifts Outlook
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CTS Announces Second Quarter 2022 Results
July 26, 2022 8:00 AM EDTContinued growth supported by diversification and portfolio strength
LISLE, Ill., July 26, 2022 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE: CTS), a leading global designer and manufacturer of custom engineered solutions that Sense, Connect and Move, today announced second quarter 2022 results.
We delivered another quarter of profitable growth, underscored by a 12% revenue increase and a 90-basis point Adjusted EBITDA margin expansion, as we continue to drive performance through the execution of our diversification strategy. Our robust portfolio has enabled us to capture secular tailwinds as we expand into premium non-transportation end... More
