{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-189074","form_type":"8-K","ticker":"CTS","cik":"0000026058","company_name":"CTS CORP","filed_at":"2026-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.532561+00:00","generated_at":"2026-05-15T02:26:29.181214+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CTS Q1 sales up 11% to $139M; adjusted EPS $0.62; narrows 2026 guidance","bullets":["Sales $139M, up 11% YoY; diversified end-market sales up 18%, transportation up 3%.","Diluted EPS $0.59 (GAAP) and adjusted diluted EPS $0.62, up from $0.44 in Q1 2025.","Adjusted EBITDA margin 23.0% (up 250 bps); adjusted gross margin 39.5% (up 250 bps).","Net income $17M (12.4% of sales) vs $13M (10.6%) in prior year.","Operating cash flow $17.3M, up from $15.5M; FY guidance: sales $560-580M, adjusted EPS $2.35-2.45."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-189074","json":"https://secwatch.observer/filing/0001193125-26-189074.json","markdown":"https://secwatch.observer/filing/0001193125-26-189074.md","text":"https://secwatch.observer/filing/0001193125-26-189074.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/26058/000119312526189074/0001193125-26-189074-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/26058/000119312526189074/cts-20260429.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T02:26:29.181214+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":"50c2d00cb7daa8f8fb0e639aa4f9a4b6f6d5f383","claim":"CTS CORP reported 2026 results: revenue $560 million - $580 million, EPS $2.35 - $2.45.","evidence_excerpt":"Assuming the continuation of current market conditions, CTS is narrowing its previous guidance of 2026 sales from a range of $550-$580 million to $560-$580 million and adjusted diluted EPS from a range of $2.30-$2.45 to $2.35-$2.45.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/26058/000119312526189074/0001193125-26-189074-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"2026"},{"label":"Revenue","value":"$560 million - $580 million"},{"label":"EPS","value":"$2.35 - $2.45"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"ca5c8e8fdbafb4f524c92abeb44df90b7e6ad530","claim":"CTS CORP reported first quarter of 2026 results: EPS diluted EPS was $0.59, up 15 cents from $0.44 in the first quarter of 2025..","evidence_excerpt":"Sales were $139 million in the first quarter of 2026, up 11% year-over-year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/26058/000119312526189074/0001193125-26-189074-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2026"},{"label":"EPS","value":"diluted EPS was $0.59, up 15 cents from $0.44 in the first quarter of 2025."},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ca5c8e8fdbafb4f524c92abeb44df90b7e6ad530","claim":"CTS CORP reported first quarter of 2026 results: EPS diluted EPS was $0.59, up 15 cents from $0.44 in the first quarter of 2025..","evidence_excerpt":"Net income was $17 million, or 12.4% of sales, compared to $13 million, or 10.6% of sales in the first quarter of 2025.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/26058/000119312526189074/0001193125-26-189074-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2026"},{"label":"EPS","value":"diluted EPS was $0.59, up 15 cents from $0.44 in the first quarter of 2025."},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ca5c8e8fdbafb4f524c92abeb44df90b7e6ad530","claim":"CTS CORP reported first quarter of 2026 results: EPS diluted EPS was $0.59, up 15 cents from $0.44 in the first quarter of 2025..","evidence_excerpt":"Diluted EPS was $0.59, up 15 cents from $0.44 in the first quarter of 2025.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/26058/000119312526189074/0001193125-26-189074-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2026"},{"label":"EPS","value":"diluted EPS was $0.59, up 15 cents from $0.44 in the first quarter of 2025."},{"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"}