CTS Corporation reports Q2 adjusted EPS 57c vs. 54c last year

Reports Q2 revenue $135M vs. $130.2M last year. “We delivered another quarter of double-digit sales growth in the diversified end markets and achieved solid profitability with adjusted EBITDA margin expanding 130 basis points. We also generated strong operating cash flow in the quarter,” said Kieran O’Sullivan, CEO of CTS Corporation (CTS). “Our teams remain focused on diversification as a strategic priority through organic growth and acquisitions.”