CTS Corporation reports Q1 EPS 44c vs 36c last year

Reports Q1 revenue $125.8M vs $125.75M last year. “Our global teams continued to execute well in a challenging operating environment. We delivered double digit sales growth in our diversified markets,” said Kieran O’Sullivan, CEO of CTS Corporation (CTS). “Additionally, we had strong bookings in the quarter in the medical, aerospace and defense, and industrial markets. Diversification remains a strategic priority as we focus on growing our revenues and quality of earnings, both organically and through strategic acquisitions.”