U.S. Markets close in 26 mins

CTS: 1Q Earnings Snapshot

LISLE, Ill. (AP) _ CTS Corp. (CTS) on Thursday reported first-quarter net income of $11.4 million.

The Lisle, Illinois-based company said it had profit of 34 cents per share. Earnings, adjusted for restructuring costs, were 39 cents per share.

The electronics manufacturer posted revenue of $117.6 million in the period.

CTS expects full-year earnings in the range of $1.50 to $1.70 per share, with revenue in the range of $460 million to $500 million.

CTS shares have increased 20 percent since the beginning of the year. The stock has risen slightly more than 6 percent in the last 12 months.

_____

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