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CTS: 2Q Earnings Snapshot

July 25, 2019

LISLE, Ill. (AP) _ CTS Corp. (CTS) on Thursday reported second-quarter earnings of $11.9 million.

On a per-share basis, the Lisle, Illinois-based company said it had net income of 36 cents. Earnings, adjusted for non-recurring costs and restructuring costs, came to 40 cents per share.

The electronics manufacturer posted revenue of $120.7 million in the period.

CTS expects full-year earnings in the range of $1.55 to $1.65 per share, with revenue in the range of $470 million to $490 million.

CTS shares have risen 18% since the beginning of the year. The stock has decreased 15% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTS at https://www.zacks.com/ap/CTS

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