CTS Corporation ( (CTS) ) has released its Q1 earnings. Here is a breakdown of the information CTS Corporation presented to its investors.
CTS Corporation is a prominent global designer and manufacturer specializing in custom engineered solutions that ‘Sense, Connect and Move,’ catering to diverse sectors such as aerospace, defense, industrial, medical, and transportation. In its latest earnings report for the first quarter of 2025, CTS Corporation reported stable sales figures at $126 million, maintaining a flat year-over-year performance. The company experienced a 14% increase in sales to diversified markets, while sales in the transportation sector saw a decline of 12%. Net income rose to $13 million, representing 11% of sales, up from $11 million or 9% of sales in the same quarter of the previous year. Earnings per diluted share increased to $0.44 from $0.36 in the first quarter of 2024. The adjusted EBITDA margin also showed a slight improvement, reaching 20.5% compared to 20.3% in the previous year. Despite a challenging operating environment, CTS Corporation’s strategic focus on diversification and operational execution has yielded positive results. The company reported strong bookings in the medical, aerospace and defense, and industrial markets, underscoring its commitment to growing revenues both organically and through strategic acquisitions. Looking ahead, CTS Corporation remains vigilant about the potential economic impacts of tariffs and geopolitical factors. The company is maintaining its 2025 guidance with expected sales ranging from $520 million to $550 million and adjusted diluted EPS between $2.20 and $2.35, reflecting a cautious yet optimistic outlook for the remainder of the year.