Highest-materiality recent filing
CTS CEO Kieran O'Sullivan steps down; COO Pratik Trivedi named new CEO effective July 6
Kieran O'Sullivan transitions from CEO to Executive Chairman effective July 6, 2026.
CTS Q1 sales up 11% to $139M; adjusted EPS $0.62; narrows 2026 guidance
Sales $139M, up 11% YoY; diversified end-market sales up 18%, transportation up 3%.
Q4 sales $137M, +9% YoY; diversified markets +16%, transport -1%; net income $20M vs $12M; diluted EPS $0.67 vs $0.38.
CTS Q3 sales $143M (+8% YoY); diversified end markets +22%, transportation -7%; adjusted EPS $0.60
Sales $143M, up 8% YoY; diversified end markets +22%, transportation -7%.
CTS Q2 2025: sales up 4% to $135M; diluted EPS $0.62; adjusted EBITDA margin 23.0% vs 21.7%
Sales $135M (+4% YoY); diversified end markets +13%, transportation -6%.
CTS appoints Mark Pacioni as Chief Legal & Administrative Officer and Corporate Secretary
Pacioni effective July 1, 2025; base salary $375,000, target incentive 55% of base.
CTS Q1 EPS $0.44 vs $0.36 YoY; sales flat at $126M; diversified +14%
Sales $126M flat YoY; diversified end-markets +14%, transportation -12%; SyQwest added $3M.
CTS Q4 sales $127M (+2% YoY); adjusted EPS $0.53; FY 2025 guidance $520-550M
Q4 sales $127M, up 2% YoY; diversified end-markets +28%, transportation -18%.
CTS Q3 net income $19M, sales $132M; lowers FY sales guidance to $515-525M
Sales $132M, down 2% YoY; net income $19M ($0.61 diluted EPS) vs $14M ($0.44) in Q3 2023.
CTS Q2 sales $130M (-10% YoY); acquires SyQwest for $125M; updates FY guidance
Q2 sales $130M, down 10% YoY; net income $15M, diluted EPS $0.48; adjusted EPS $0.54.
CTS Q1 sales fall 14% YoY to $125.7M; EPS drops to $0.36 from $0.58
Q1 sales $125.7M, down 14% YoY; non-transportation -17%, transportation -10%.
CTS Q4 sales down 12% to $125M; adj. EPS $0.47; launches $100M buyback
Q4 sales $125M (-12% YoY); net income $15M; diluted EPS $0.49; adjusted diluted EPS $0.47.
CTS Q3 sales down 11% to $135M; adjusted EPS $0.54; cuts full-year guidance
Sales: $135M, down 11% YoY; non-transportation down 20%, transportation down 3%.
CTS Q2 sales flat YoY at $145.2M, net income $12.9M; cuts full-year guidance
Q2 sales $145.2M (+0.1% YoY); transportation up 10%, non-transportation down 10%.
CTS Q1 sales $146M (-1.2% YoY); adj. EPS $0.61 down 9%; maintains FY guidance
Sales $146.0M, down 1.2% YoY; non-transportation up 4.6%, transportation down 6.1%.
CTS Q4 sales up 7% to $142.3M, adjusted EPS $0.56; guides FY2023 sales $580-640M
Fourth-quarter revenue $142.3M (+7% YoY); non-transportation sales up 22%.
CTS Q3 revenue up 24% to $151.9M; adjusted EPS $0.62 vs $0.46
Sales $151.9M (+24% YoY); net income $11.8M vs $63.9M net loss in Q3 2021.
CTS Q2 sales up 12% to $145M, adj. EPS $0.62; raises FY2022 guidance
Q2 sales $145M (+12% YoY); net income $12.6M ($0.39 diluted) vs $0.9M a year ago.
CTS completes acquisition of Ferroperm Piezoceramics for ~$74M (DKK 525M)
Acquisition closed on June 30, 2022; purchase price of DKK 525M (~$74M at 7.09 DKK/USD).
Mr. O’Sullivan will remain on the Board of Directors of the Company (the “Board”) and has been appointed Executive Chairman, effective as of the Effective Date.
As a result of Mr. Trivedi’s appointment to the Board, the number of directors on the Board will increase from eight to nine.
the Board has appointed Pratik Trivedi as President and CEO of the Company effective as of the Effective Date
On March 5, 2025, Scott D’Angelo, Vice President, Chief Legal and Administrative Officer and Corporate Secretary of CTS Corporation (the “Company”) submitted his resignation, effective April 4, 2025 (the “Effective Date”).
On September 4, 2024, Thomas White informed CTS Corporation (the “Company”) that he was resigning his position as principal accounting officer, effective September 18, 2024, to pursue a new professional opportunity.
Ashish Agrawal, the Company’s Vice President and Chief Financial Officer, will act as the Company’s principal accounting officer upon Mr. White’s resignation.
Effective February 8, 2024, the board of directors (the “Board”) of CTS Corporation (the “Company”) increased the size of its board from six to seven members, and elected Amy M. Dodrill to fill the resulting vacancy.
On March 15, 2023, Ye Jane Li informed CTS Corporation (the “Company”) that she will not stand for re-election to the Company’s Board of Directors at the 2023 Annual Meeting of Shareholders to be held on May 11, 2023.
Randy Stone has been elected to serve as a member of the Board of Directors of CTS Corporation (the “Company”) effective February 9, 2023.
Gordon Hunter resigned from the Board of Directors of CTS Corporation (the “Company”) on September 23, 2022.
Max materiality 0.80 · Median 0.38 · Most common event earnings