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Recent Updates — CTS

July 28, 2026View Source ↗

CTS Corporation filed a Form 8-K to furnish an investor presentation dated July 2026 under Regulation FD. The presentation provides updated financial guidance for fiscal year 2026, projecting revenue between $565 million and $585 million and adjusted diluted earnings per share of $2.55 to $2.70. Last twelve months revenue through June 2026 totaled $564 million, with adjusted diluted EPS of $2.58 and an adjusted EBITDA margin of 24%. The company highlighted growth in diversified end markets, which now represent 58% of revenue, driven by industrial, medical, and aerospace sectors. CTS operates in the global design and manufacturing of custom engineered solutions, including sensors, transducers, and components for transportation, industrial, aerospace, defense, and medical applications.

July 28, 2026View Source ↗

CTS Corporation reported second quarter 2026 results with sales of $144.8 million, a 7% year-over-year increase, and net income of $19.2 million. Diluted earnings per share rose to $0.66 from $0.62 in the prior year period. Adjusted gross margin expanded 270 basis points to 41.5%, and adjusted diluted EPS reached $0.74. The company raised its full-year 2026 sales guidance to $565-$585 million and adjusted diluted EPS guidance to $2.55-$2.70. CTS Corporation is a leading global designer and manufacturer of highly engineered solutions that sense, connect, and move, serving the aerospace, defense, industrial, medical, and transportation markets.

June 25, 2026View Source ↗

CTS Corporation announced a leadership transition effective July 6, 2026. Current President and CEO Kieran O’Sullivan will step down to become Executive Chairman, receiving an annual base salary of $625,000. Pratik Trivedi, the current Chief Operating Officer, will succeed O’Sullivan as President and CEO. Trivedi's compensation includes a $675,000 annual base salary, a 100% target annual cash incentive, and a $2,150,000 long-term incentive award. This appointment increases the Board of Directors from eight to nine members. CTS Corporation is a technology company that provides electronic, sensor, and control solutions.