CTS Corp (NYSE:CTS)

$ 54.1 1.24 (2.35%) Market Cap: 1.65 Bil Enterprise Value: 1.55 Bil PE Ratio: 31.82 PB Ratio: 3.18 GF Score: 74/100

Q4 2023 CTS Corp Earnings Call Transcript
Feb 06, 2024

$45.91 (+10.44%)

Earnings
Q3 2023 CTS Corp Earnings Call Transcript
Oct 26, 2023

$38.1 (-0.52%)

Earnings
Q2 2023 CTS Corp Earnings Call Transcript
Jul 25, 2023

$41.61 (-1.40%)

Earnings
Q1 2023 CTS Corp Earnings Call Transcript
Apr 27, 2023

$40.63 (-3.08%)

Earnings
Q4 2022 CTS Corp Earnings Call Transcript
Feb 07, 2023

$42.79 (-8.29%)

Earnings
Q3 2022 CTS Corp Earnings Call Transcript
Oct 26, 2022

$36.17 (-17.80%)

Earnings
CTS Corp at Oppenheimer Technology, Internet & Communications Conference (Virtual) Transcript
Aug 10, 2022
CTS Corp at Jefferies Industrials Conference Transcript
Aug 09, 2022
Q2 2022 CTS Corp Earnings Call Transcript
Jul 26, 2022

$37.85

Earnings
Q1 2022 CTS Corp Earnings Call Transcript
Apr 28, 2022

$34.66 (+6.29%)

Earnings
Q4 2021 CTS Corp Earnings Call Transcript
Feb 08, 2022

$32.65 (+1.68%)

Earnings
Q3 2021 CTS Corp Earnings Call Transcript
Oct 27, 2021

$34.25 (+7.98%)

Earnings
Q2 2021 CTS Corp Earnings Call Transcript
Jul 27, 2021

$33.49 (-1.38%)

Earnings
Q1 2021 CTS Corp Earnings Call Transcript
Apr 29, 2021

$29.89 (-5.89%)

Earnings
Q4 2020 CTS Corp Earnings Call Transcript
Feb 09, 2021

$32.72 (-2.01%)

Earnings
Q3 2020 CTS Corp Earnings Call Transcript
Oct 29, 2020

$26.46 (+3.64%)

Earnings
Q2 2020 CTS Corp Earnings Call Transcript
Jul 31, 2020

$19.86 (-3.92%)

Earnings
Q1 2020 CTS Corp Earnings Call Transcript
Apr 23, 2020

$22.74 (+4.41%)

Earnings
Q4 2019 CTS Corp Earnings Call Transcript
Feb 04, 2020

$30.58 (+2.96%)

Earnings
Q3 2019 CTS Corp Earnings Call Transcript
Oct 24, 2019

$27.97 (-17.18%)

Earnings
Q2 2019 CTS Corp Earnings Call Transcript
Jul 25, 2019

$31.59 (+3.40%)

Earnings
Q1 2019 CTS Corp Earnings Call Transcript
Apr 25, 2019

$29.88 (-4.05%)

Earnings

Q3 2023 CTS Corp Earnings Call Transcript

Oct 26, 2023 / 02:00PM GMT

Release Date Price: $38.1 (-0.52%)

Transcript 10-Q8-K

Operator

Hello, and welcome to the CTS Corporation Third Quarter 2023 Conference Call. My name is Alex, I'll be coordinating the call today. (Operator Instructions)

I now hand over to your host, Kieran O'Sullivan, CEO, to begin. Please go ahead.

Kieran M. O;Sullivan

CTS Corporation - Chairman, President & CEO

' -

Thanks, Alex. Good morning, and thank you for joining our third quarter 2023 earnings call. We continue to see weak demand in industrial and distribution markets impacting sales as elevated inventories at our customers slowly correct. We are also seeing softening in commercial vehicle demand across the light vehicle transportation market, the impact of the UAW strike was low for the third quarter.

We continue to expand our customer base in industrial and medical markets where we had several product wins. We also secured our first development award for a motor position sensor with application in electrified vehicles. Our focus on profitable growth, driving diversification through our advanced materials capability and growth

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