{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-011541","form_type":"8-K","ticker":"CTS","cik":"0000026058","company_name":"CTS CORP","filed_at":"2024-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.510924+00:00","generated_at":"2026-06-06T08:38:18.370971+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"CTS Q4 sales down 12% to $125M; adj. EPS $0.47; launches $100M buyback","bullets":["Q4 sales $125M (-12% YoY); net income $15M; diluted EPS $0.49; adjusted diluted EPS $0.47.","FY2023 sales $550M (-6% YoY); adj. diluted EPS $2.22 (down from $2.46); adj. EBITDA margin 22%.","2024 guidance: sales $530-$570M; adj. diluted EPS $2.10-$2.35; expects soft H1, improving H2.","Board approved $100M share repurchase program, replacing prior program with no expiration date."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-011541","json":"https://secwatch.observer/filing/0000950170-24-011541.json","markdown":"https://secwatch.observer/filing/0000950170-24-011541.md","text":"https://secwatch.observer/filing/0000950170-24-011541.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/26058/000095017024011541/0000950170-24-011541-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/26058/000095017024011541/cts-20240206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T08:38:18.370971+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e05e46a187f997cf18760c2188fa2cc77738b278","claim":"CTS CORP reported financial results for the fourth quarter and full-year ended December 31, 2023.","evidence_excerpt":"On February 6, 2024, CTS Corporation (the \"Company\") issued a press release providing certain results for the fourth quarter and full-year ended December 31, 2023, as more fully described in the press release.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/26058/000095017024011541/0000950170-24-011541-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full-year ended December 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}