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CTS Announces Fourth Quarter and Full Year 2025 Results
Globenewswire· 2026-02-10 13:00
Core Insights - CTS Corporation reported strong performance in Q4 2025, with diversified end-market sales increasing by 16% year-over-year, contributing to 57% of total revenue [2][7] - The company achieved a net income of $20 million in Q4 2025, representing 14.4% of sales, compared to $12 million or 9.1% of sales in Q4 2024 [7][26] - For the full year 2025, CTS recorded sales of $541 million, a 5% increase from 2024, with net income rising to $65 million from $56 million [7][26] Fourth Quarter 2025 Results - Sales reached $137 million, up 9% year-over-year, with diversified end-market sales increasing by 16% [7] - Net income was $20 million, with diluted EPS at $0.67, a 29-cent increase from $0.38 in Q4 2024 [7][25] - Adjusted gross margin improved to 39.1%, up 150 basis points from 37.6% in Q4 2024 [7][21] Full-Year 2025 Results - Total sales for 2025 were $541 million, a 5% increase from $514.8 million in 2024 [7][26] - Net income for the year was $65 million, or 12.1% of sales, compared to $56 million, or 10.8% of sales in 2024 [7][26] - Diluted EPS for the year was $2.19, up from $1.80 in 2024 [7][26] 2026 Guidance - CTS expects full-year 2026 sales to be in the range of $550-$580 million, with adjusted diluted EPS projected between $2.30 and $2.45 [5]
CTS Corporation Declares a Dividend and Share Repurchase Program
Globenewswire· 2025-11-07 14:00
Core Viewpoint - CTS Corporation has declared a cash dividend of $0.04 per share and announced a new share repurchase program authorizing up to $100 million in buybacks [1][2]. Group 1: Dividend Declaration - The Board of Directors of CTS Corporation declared a cash dividend of $0.04 per share on outstanding shares of common stock [1]. - The dividend is scheduled to be paid on January 23, 2026, to shareholders of record at the close of business on December 26, 2025 [1]. Group 2: Share Repurchase Program - The new share repurchase program replaces the prior program approved in February 2024 [2]. - The program has no set expiration date and allows for repurchases in the open market or through privately negotiated transactions [2]. - The timing and actual amount of shares repurchased will depend on various factors, including market conditions [2]. Group 3: Company Overview - CTS Corporation is a leading designer and manufacturer of products that Sense, Connect, and Move [3]. - The company manufactures sensors, actuators, and electronic components in North America, Europe, and Asia [3]. - CTS provides engineered products to customers in the aerospace/defense, industrial, medical, and transportation markets [3].