CTS Corporation — Third Quarter 2026 Earnings Summary

CTS Corporation reported third-quarter 2026 sales of $149.6 million, representing a 5% year-over-year increase driven by growth in diversified end-markets and the transportation sector. The company achieved record profitability with net income of $17.8 million, adjusted gross margin of 42.2%, and adjusted diluted earnings per share of $0.77. CTS raised its full-year 2026 guidance, projecting sales between $580 million and $590 million and adjusted diluted EPS between $2.78 and $2.88. The acquisition of Millar is advancing the company's diversification strategy, particularly within the medical end market.