CTS Corp. (CTS) Reports In-Line Q4 EPS, Offers Guidance
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CTS Announces Fourth Quarter and Full-Year 2022 Results
February 7, 2023 8:00 AM ESTLISLE, Ill., Feb. 07, 2023 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE: CTS), a leading global designer and manufacturer of custom engineered solutions that Sense, Connect and Move, today announced fourth quarter and full-year 2022 results.
We delivered solid performance throughout 2022, closing the year with a double-digit increase in revenue along with strong adjusted EBITDA margin expansion. During the year, we advanced our diversification strategy through the completion of two acquisitions, while also gaining momentum with electric platform wins as we continue developing new products for hybrid and electric vehicles, said Kieran... More
