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02.22.2012
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CTS announces fourth quarter earnings
Posted: 01/27/2012 at 1:15 am

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ELKHART — CTS Corp. has announced its fourth quarter and year-end results for 2011. Revenues: $144.0 million during the final quarter of 2011, down from the $145.0 million posted for the same period in 2010.

Net earnings: $5.9 million in the fourth quarter, up from $4.8 million one year ago.

In the three month period ending Dec. 31, sales in the components and sensors division grew 8 percent over last year’s results. Quarterly sales in the EMS division declined 8 percent year-over-year.

Full-year 2011 revenue was $588.5 million, up 6.5 percent from the 2010 total.

 
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