CTS Announces Second Quarter 2026 Results
CTS reported Q2 sales of $144.8 million, up 7% year-over-year, with adjusted diluted EPS rising to $0.74 from $0.57 in the prior year. Profitability improved significantly as adjusted gross margin expanded 270 basis points to 41.5% and operating cash flow reached $33.4 million.
Key figures
- Eps
- 0.66
- Revenue
- 144800000
- Guidance
- FY2026 sales $565-$585 million, adjusted diluted EPS $2.55-$2.70
- Revenue Yoy
- 7%
- Fcf
- 28800000
- Adjusted eps
- 0.74
- Operating cash flow
- 33400000
- Adjusted gross margin
- 41.5%
- Adjusted ebitda margin
- 25.4%
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