CTS: Q4 Earnings Snapshot

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LISLE, Ill. (AP) — LISLE, Ill. (AP) — CTS Corp. (CTS) on Tuesday reported profit of $13.6 million in its fourth quarter.

The Lisle, Illinois-based company said it had profit of 45 cents per share. Earnings, adjusted for one-time gains and costs, came to 53 cents per share.

The electronics manufacturer posted revenue of $127.4 million in the period.

For the year, the company reported profit of $58.1 million, or $1.89 per share. Revenue was reported as $515.8 million.

CTS expects full-year earnings in the range of $2.20 to $2.35 per share, with revenue in the range of $520 million to $550 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTS at https://www.zacks.com/ap/CTS

 

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