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CTS Corp (CTS.N)

CTS.N on New York Stock Exchange

19.14USD
22 Jul 2016
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Latest Key Developments (Source: Significant Developments)

CTS to phase out production at Elkhart plant by mid-2018
Friday, 3 Jun 2016 04:31pm EDT 

CTS Corp : Approximately 230 employees will be impacted over course of transition . Says starting next year, CTS will phase out production at its Elkhart plant by mid 2018 . Certain actions are also being taken at other locations to simplify operations . CTS Corp says that it will implement additional organizational changes in North America .CTS announces restructuring plans.  Full Article

CTS says received $100 mln increase in commitments under credit agreement
Wednesday, 25 May 2016 04:27pm EDT 

Cts Corp : On May 23, 2016, co requested and received a $100 million increase in aggregate revolving credit commitments under its credit agreement .Credit agreement increases aggregate credit commitments from $200 million to $300 million - SEC filing.  Full Article

CTS Corp updates FY 2016 guidance
Tuesday, 3 May 2016 08:00am EDT 

CTS Corp:Expects FY 2016 sales in the range of $390 to $410 million.Expects FY 2016 adjusted EPS to be in the range of $0.95 to $1.06.  Full Article

CTS Corp gives FY 2016 guidance
Monday, 8 Feb 2016 08:00am EST 

CTS Corp:Expects FY 2016 sales in the range of $390 to $400 million.Expects FY 2016 adjusted EPS to be in the range of $0.95 to $1.05.  Full Article

CTS Corporation Declares Quarterly Dividend
Friday, 13 Nov 2015 04:30pm EST 

CTS Corporation:Says fourth quarter dividend of $0.04 per share, payable January 29, 2016, to shareholders of record at close of business on December 18, 2015.  Full Article

CTS Corp reaffirms FY 2015 EPS guidance; updates FY 2015 revenue guidance
Monday, 26 Oct 2015 04:54pm EDT 

CTS Corp:Expects FY 2015 adjusted earnings per diluted share to be in the range of $0.95 to $1.05, consistent with previous guidance, but full year 2015 sales will be challenged to achieve the low end of the previous guidance range of $390 to $405 million.FY 2015 revenue of $397 million and EPS of $0.97 - Thomson Reuters I/B/E/S.  Full Article

CTS Corp declares third quarter dividend
Wednesday, 26 Aug 2015 05:16pm EDT 

CTS Corp:Declares third quarter dividend of $0.04 per share.Payable Oct. 30, to shareholders of record at the close of business on Sept. 25.  Full Article

CTS Corp lowers FY 2015 revenue outlook; raises FY 2015 EPS outlook
Monday, 27 Jul 2015 04:30pm EDT 

CTS Corp:Revises FY 2015 sales guidance to the range of $390 to $405 million, which includes the unfavorable currency impact at current rates.Expects FY 2015 adjusted earnings per diluted share to be in the range of $0.95 to $1.05.FY 2015 revenue of $407 mln and EPS of $0.97 - Thomson Reuters I/B/E/S.  Full Article

CTS Corporation declares quarterly dividend
Thursday, 21 May 2015 04:30pm EDT 

CTS Corporation:Declares Q2 dividend of $0.04 per share.Payable July 31 to shareholders of record date as on June 26.  Full Article

CTS Corp reaffirms FY 2015 outlook
Monday, 27 Apr 2015 04:35pm EDT 

CTS Corp:Reaffirms FY 2015 sales guidance in the range of $400 to $430 mln.Reaffirms FY 2015 adjusted earnings per diluted share in the range of $0.98 to $1.10.  Full Article

BRIEF-CTS to phase out production at Elkhart plant by mid-2018

* Approximately 230 employees will be impacted over course of transition