CTS: Q1 Earnings Snapshot

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LISLE, Ill. (AP) — LISLE, Ill. (AP) — CTS Corp. (CTS) on Thursday reported profit of $18.3 million in its first quarter.

On a per-share basis, the Lisle, Illinois-based company said it had net income of 58 cents. Earnings, adjusted for non-recurring costs, came to 61 cents per share.

The electronics manufacturer posted revenue of $146 million in the period.

CTS expects full-year earnings in the range of $2.40 to $2.70 per share, with revenue in the range of $580 million to $640 million.

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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

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