CTS Q3 revenue up 24% to $151.9M; adjusted EPS $0.62 vs $0.46

CTS CORP

2022-Q3 EPS reported $1.38 revenue$444,588,000

Sales $151.9M (+24% YoY); net income $11.8M vs $63.9M net loss in Q3 2021.
Adjusted diluted EPS $0.62, up from $0.46; Adjusted EBITDA margin 22.3% vs 21.7%.
FY2022 sales guidance raised to $585-595M; adjusted EPS guidance unchanged at $2.40-2.55.
Operating cash flow $60.4M, including $34M from pension termination; non-transport sales +22.5%.

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