---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-117947"
form_type: "8-K"
ticker: "CTS"
cik: "0000026058"
company_name: "CTS CORP"
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T09:26:47.870046+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CTS Q3 net income $19M, sales $132M; lowers FY sales guidance to $515-525M

## Summary
- Sales $132M, down 2% YoY; net income $19M ($0.61 diluted EPS) vs $14M ($0.44) in Q3 2023.
- Adjusted EPS $0.63, up from $0.54; adjusted EBITDA margin 24.8% vs 22.5% YoY.
- Diversified end markets +18% YoY; transport -17% YoY; sequential sales +2%.
- Operating cash flow $35M, up from $22M in Q3 2023.
- FY2024 sales guidance reduced to $515-525M (prior $525-540M); adjusted EPS reiterated $2.05-$2.25.

## SEC filing metadata
- accession: 0000950170-24-117947
- form_type: 8-K
- ticker: CTS
- cik: 0000026058
- company_name: CTS CORP
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/26058/000095017024117947/0000950170-24-117947-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/26058/000095017024117947/cts-20241029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-117947
- JSON: https://secwatch.observer/filing/0000950170-24-117947.json
- Plain text: https://secwatch.observer/filing/0000950170-24-117947.txt

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