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CTS (CTS)

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Earnings summaries and quarterly performance for CTS.

Recent press releases and 8-K filings for CTS.

CTS Corp Outlines Strategic Growth and Diversification Initiatives
CTS
M&A
Guidance Update
Revenue Acceleration/Inflection
  • CTS Corp reported $531 million in LTM revenue with 23% EBITDA margins, and is strategically shifting its revenue mix, with diversified markets now representing 56% of total revenue, while transportation has decreased to 44%.
  • The company is targeting 5% organic growth and 5% growth through acquisitions, with its diversified businesses (medical, aerospace, defense, industrial) experiencing double-digit growth and higher quality earnings, while the transportation market is stabilizing.
  • M&A is a large strategic focus, with a strong balance sheet and a preference for larger acquisitions (e.g., $50-100 million revenue) in industrial, medical, aerospace, and defense sectors, seeking assets that are accretive within 12 months and provide a return on invested capital within 3-5 years.
  • CTS Corp has expanded its gross margin profile from 30% to a current range of 36-40%, with an ambition to reach 38-40% over time, primarily driven by the increasing proportion of higher-margin products from its diversified businesses.
Jan 13, 2026, 9:30 PM
CTS Corp Discusses Diversification Strategy and Growth Initiatives at Needham Conference
CTS
M&A
New Projects/Investments
Guidance Update
  • CTS Corp reported $531 million in revenue and 23% EBITDA margins on a last twelve months (LTM) basis.
  • The company is pursuing a strategy of diversification, with diversified markets now representing 56% of overall revenue and growing at double-digit rates, while the transportation market (now 44% of revenue) is stabilizing after a challenging period.
  • CTS targets 5% organic growth and 5% growth through acquisitions, with a primary focus on larger M&A opportunities in the industrial, medical, aerospace, and defense sectors, seeking assets that are accretive within 12 months and provide a return on invested capital within three to five years.
  • The company aims to enhance its gross margin profile, moving from the current 36-40% range towards 38-40%, driven by the increasing proportion of higher-margin diversified businesses.
Jan 13, 2026, 9:30 PM
CTS Corp Discusses Financial Performance, Diversification, and M&A Strategy at Needham Conference
CTS
M&A
Guidance Update
New Projects/Investments
  • CTS Corp reported last twelve months (LTM) revenue of $531 million with 23% EBITDA margins.
  • The company's revenue profile has shifted, with diversified markets now representing 56% of the overall company and transportation at 44%.
  • CTS is targeting 5% organic growth and 5% growth through acquisitions, with higher growth rates in diversified businesses (double digits).
  • M&A is a strategic focus, with the company being net cash positive and looking to deploy capital for larger acquisitions in the $50-100 million revenue range, primarily in industrial, medical, aerospace, and defense sectors.
  • The company has seen significant margin improvement, with EBITDA margins increasing from 10% to 23% over the last decade, and a gross margin profile now at 36%-40%, driven by diversification into higher-margin products.
Jan 13, 2026, 9:30 PM
CTS Declares Dividend and New Share Repurchase Program
CTS
Dividends
Share Buyback
  • CTS Corporation's Board of Directors has declared a cash dividend of $0.04 per share on outstanding shares of common stock.
  • The dividend is scheduled to be paid on January 23, 2026, to shareholders of record at the close of business on December 26, 2025.
  • The company also announced a new share repurchase program authorizing the buyback of up to $100 million of its common stock.
  • This new program replaces a prior share repurchase program approved in February 2024 and has no set expiration date.
Nov 7, 2025, 2:00 PM
CTS's Circle Payments Network Integrates with Geoswift
CTS
New Projects/Investments
Product Launch
M&A
  • Geoswift has integrated with the Circle Payments Network (CPN), operated by Circle Technology Services, LLC (CTS), to offer real-time stablecoin settlements for international transactions.
  • As an Originating Financial Institution (OFI) within the CPN, Geoswift will enable compliant and low-cost B2B payments globally and assist its clients in expanding across Latin America.
  • The CPN, powered by CTS, connects financial institutions worldwide, providing the technology for secure communication and settlements, while CTS does not hold funds or manage accounts.
Oct 28, 2025, 5:39 PM
CTS's Circle Payments Network Integrates Geoswift for Real-Time Cross-Border Payments
CTS
Product Launch
New Projects/Investments
  • Geoswift has integrated into the Circle Payments Network (CPN), operated by Circle Technology Services, LLC (CTS), to offer stable, stablecoin-backed real-time settlements for cross-border payments.
  • This integration enables real-time B2B payments globally by leveraging Geoswift's bank infrastructure with a stablecoin-based settlement system, ensuring compliant and cost-efficient transactions.
  • As an Originating Financial Institution (OFI) within the CPN, Geoswift will facilitate its customers' expansion into Latin America.
Oct 28, 2025, 5:38 PM
CTS Corporation Files 8-K with Investor Presentation and FY 2025 Guidance
CTS
Earnings
Guidance Update
New Projects/Investments
  • CTS Corporation filed an 8-K on October 28, 2025, which included an investor presentation dated October 2025.
  • For the last twelve months (LTM) through September 2025, the company reported revenue of $531 million, an Adjusted EBITDA Margin of 23%, and Adjusted Diluted EPS of $2.11.
  • The company provided FY 2025 guidance, expecting revenue between $535 million and $545 million and Adjusted Diluted EPS between $2.20 and $2.25.
  • CTS aims for a long-term target of +10% revenue CAGR (Compound Annual Growth Rate) per year, with diversified end markets (industrial, aerospace & defense, and medical) contributing 56% of LTM revenue as of September 2025.
  • From 2013 through Q3 2025, CTS has returned $282 million to shareholders through dividends and share repurchases.
Oct 28, 2025, 3:28 PM
CTS Corporation Reports Q3 2025 Sales Growth and Updates Full-Year Guidance
CTS
Earnings
Guidance Update
Share Buyback
  • CTS Corporation reported Q3 2025 sales of $143 million, an 8% increase from Q3 2024, with diversified end market sales growing 22% and representing 59% of overall revenue.
  • Adjusted diluted EPS for Q3 2025 was $0.60 per share, a slight decrease from $0.61 in Q3 2024, primarily due to an unfavorable $0.03 impact from recent U.S. tax legislation.
  • The company narrowed its full-year 2025 guidance, projecting sales between $535 million and $545 million and adjusted diluted EPS between $2.20 and $2.25.
  • CTS's SideQuest business was awarded a sole source naval defense contract with an initial value of $5 million, contributing to $8.8 million in SideQuest revenues for the quarter.
  • The company generated $29 million in operating cash flow in Q3 2025 and repurchased 400,000 shares for approximately $17 million.
Oct 28, 2025, 2:00 PM
CTS Corporation Reports Q3 2025 Results and Updates Full-Year Guidance
CTS
Earnings
Guidance Update
Share Buyback
  • CTS Corporation reported Q3 2025 sales of $143 million, an 8% increase from the prior year, with adjusted diluted EPS of $0.60 per share, which was unfavorably impacted by recent U.S. tax legislation.
  • The company narrowed its full-year 2025 sales guidance to a range of $535 million-$545 million and its adjusted diluted EPS guidance to $2.20-$2.25.
  • Diversified end market sales grew 22% year-over-year, accounting for 59% of overall company revenue, while transportation sales decreased 7% due to softness in commercial vehicle products.
  • Adjusted gross margin expanded by 66 basis points to 38.9% in the third quarter of 2025 compared to the same period last year.
  • SideQuest revenues increased to $8.8 million in Q3 2025, and the company repurchased 400,000 shares of its stock for approximately $17 million during the quarter.
Oct 28, 2025, 2:00 PM
CTS Announces Q3 2025 Financial Results and Reaffirms FY 2025 Guidance
CTS
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • CTS reported Q3 2025 revenue of $143 million, an 8% increase year-over-year, and Adjusted Diluted EPS of $0.60, a (2%) decrease year-over-year.
  • The company's Adjusted Gross Margin for Q3 2025 was 38.9%, up 66 basis points from the prior year.
  • Revenue from diversified end markets grew 22% year-over-year, making up 59% of total revenue, while the transportation end market experienced a (7%) year-over-year decline in revenue.
  • CTS generated $29 million in operating cash flow during Q3 2025 and reaffirmed its FY 2025 guidance for revenue at $545 million and Adjusted Diluted EPS at $2.25.
Oct 28, 2025, 2:00 PM