{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-087512","form_type":"8-K","ticker":"CTS","cik":"0000026058","company_name":"CTS CORP","filed_at":"2024-07-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.448881+00:00","generated_at":"2026-05-31T15:28:37.400101+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"CTS Q2 sales $130M (-10% YoY); acquires SyQwest for $125M; updates FY guidance","bullets":["Q2 sales $130M, down 10% YoY; net income $15M, diluted EPS $0.48; adjusted EPS $0.54.","Adjusted EBITDA margin 21.7% (up from 21.3% YoY); operating cash flow $20M (down from $23M).","Non-transportation sales up 11% sequentially and 4% YoY; transportation sales down 22% YoY.","Acquired SyQwest (sonar/acoustic sensing for naval defense) on July 29 for $125M net, enhancing defense capabilities.","Updated FY2024 guidance: sales $525-$540M, adjusted diluted EPS $2.05-$2.25, citing moderate growth expectations."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-087512","json":"https://secwatch.observer/filing/0000950170-24-087512.json","markdown":"https://secwatch.observer/filing/0000950170-24-087512.md","text":"https://secwatch.observer/filing/0000950170-24-087512.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/26058/000095017024087512/0000950170-24-087512-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/26058/000095017024087512/cts-20240730.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T15:28:37.400101+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}