Shares of CTS CTS were unchanged after the company reported Q2 results.
Quarterly Results
Earnings per share were up 225.00% year over year to $0.52, which beat the estimate of $0.38.
Revenue of $129,585,000 higher by 53.91% from the same period last year, which beat the estimate of $121,860,000.
Outlook
The upcoming fiscal year's EPS expected to be between $1.70 and $1.90.
The upcoming fiscal year's revenue expected to be between $480,000,000 and $500,000,000.
How To Listen To The Conference Call
Date: Jul 27, 2021
Time: 10:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/qnn2isig
Recent Stock Performance
Company's 52-week high was at $39.49
52-week low: $19.55
Price action over last quarter: Up 4.43%
Company Description
CTS Corp operates in the electronics industry. The company is a global manufacturer of sensors, electronic components, and actuators. It designs, manufacture, and sell a broad line of sensors, electronic components, and actuators primarily to original equipment manufacturers (OEM) for the aerospace and defense, industrial, information technology, medical, telecommunications, and transportation markets. Geographically, it derives a majority of revenue from the United States and also has a presence in China; Singapore; Czech Republic; Taiwan, and other countries.
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