earnings
confidence high
sentiment positive
materiality 0.75
CTS Q2 2026: Sales up 7% to $144.8M; adjusted EPS $0.74 beats; guidance raised
CTS CORP
- Sales $144.8M (+7% YoY); diversified end-market sales up 15%, transportation down 2%.
- Adjusted diluted EPS $0.74 vs $0.57 YoY; adjusted gross margin 41.5% (+270 bps).
- Operating cash flow $33.4M, up $5M from Q2 2025.
- 2026 guidance raised: sales $565-585M (from $560-580M); adj. EPS $2.55-2.70 (from $2.35-2.45).
- CEO cites diversification strategy; diversified end markets now 59% of revenue.