---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-001917"
form_type: "8-K"
ticker: "CTS"
cik: "0000026058"
company_name: "CTS CORP"
filed_at: "2023-02-07T23:59:59+00:00"
generated_at: "2026-06-19T23:16:57.566510+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CTS Q4 sales up 7% to $142.3M, adjusted EPS $0.56; guides FY2023 sales $580-640M

## Summary
- Fourth-quarter revenue $142.3M (+7% YoY); non-transportation sales up 22%.
- Adjusted diluted EPS $0.56 (Q4 2021: $0.49); GAAP EPS $0.47 (Q4 2021: $0.28).
- Full-year 2022 revenue $586.9M (+14%), adjusted diluted EPS $2.46 (2021: $1.93).
- Adjusted EBITDA margin 22.8% for 2022 vs 21.0% in 2021.
- 2023 guidance: revenue $580-640M, adjusted diluted EPS $2.40-2.70.

## SEC filing metadata
- accession: 0000950170-23-001917
- form_type: 8-K
- ticker: CTS
- cik: 0000026058
- company_name: CTS CORP
- filed_at: 2023-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/26058/000095017023001917/0000950170-23-001917-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/26058/000095017023001917/cts-20230207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-001917
- JSON: https://secwatch.observer/filing/0000950170-23-001917.json
- Plain text: https://secwatch.observer/filing/0000950170-23-001917.txt

## Key facts
- Earnings Releases
  CTS CORP reported Full-Year 2023 results: revenue $580 - $640 million, EPS $2.40 - $2.70. Guidance initiated.
  - Period: Full-Year 2023
  - Revenue: $580 - $640 million
  - EPS: $2.40 - $2.70
  - Guidance: initiated
  - Result: guidance update
  source text: CTS expects full-year 2023 sales to be in the range of $580 - $640 million and adjusted diluted EPS to be in the range of $2.40 - $2.70.
  evidence_url: https://www.sec.gov/Archives/edgar/data/26058/000095017023001917/0000950170-23-001917-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.