CTS: Q1 Earnings Snapshot

LISLE, Ill. (AP) — LISLE, Ill. (AP) — CTS Corp. (CTS) on Wednesday reported net income of $11.1 million in its first quarter.

On a per-share basis, the Lisle, Illinois-based company said it had profit of 36 cents. Earnings, adjusted for non-recurring costs, were 47 cents per share.

The electronics manufacturer posted revenue of $125.8 million in the period.

CTS expects full-year earnings in the range of $2.10 to $2.35 per share, with revenue in the range of $530 million to $570 million.

_____

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

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up