CTS(CTS) - 2020 Q3 - Earnings Call Presentation
Financial Performance - Q3 YTD 2020 net sales were $301 million[3], compared to $469 million in 2019[20] - Adjusted gross margin was 32% of sales for Q3 YTD 2020[39] - Adjusted EBITDA was 17% of sales for Q3 YTD 2020[39] - Adjusted diluted EPS was $0.69 for Q3 YTD 2020[39] - Total debt to capitalization was 20.4% as of Q3 2020[50] Market and Strategy - The company aims to be a leading provider of sensing and motion devices and connectivity components[2] - Transportation end market accounts for 56% of sales[3] - Industrial end market accounts for 21% of sales[3] - Aero & Defense end market accounts for 9% of sales[3] - Medical end market accounts for 11% of sales[3] - Telecom & IT end market accounts for 3% of sales[3]