CTS Q1 Adjusted Earnings Fall, Net Sales Flat; Shares Decline

MT Newswires Live
30 Apr

CTS (CTS) reported Q1 adjusted earnings Wednesday of $0.44 per diluted share, down from $0.47 a year ago.

An analyst polled by FactSet expected $0.49.

Net sales for the quarter ended March 31 were $125.8 million, unchanged from $125.8 million a year ago.

An analyst surveyed by FactSet expected $128.7 million.

For 2025, the technology company reiterated its prior outlook expecting adjusted EPS of $2.20 to $2.35 on $520 million to $550 million in sales, assuming current market conditions continue. Analysts are looking for $2.10 and $533.2 million, respectively.

CTS shares were down more than 2% in early trading Wednesday.

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