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Stock Market & Financial Investment News

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January 13, 2013
13:44 EDTCTSCTS awarded second actuator production program
CTS Corporation announced that CTS Automotive Products was awarded a second production program to supply brushless motor-driven actuators for active air grill shutter systems. The actuators will be used on a U.S. badged SUV supplied through a major tier one supplier, CTS' second customer for this application. Total revenues over the six-year life of the program are expected to be approximately $7M. The actuators will be manufactured in CTS' Elkhart, Indiana facility with deliveries beginning late 2013. CTS began producing air grill shutters in the second quarter 2012 as a result of a $30M production award secured in late 2011.
News For CTS From The Last 14 Days
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October 27, 2014
17:26 EDTCTSCTS Corporation sees FY14 EPS 96c-$1.02, consensus 96c
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16:37 EDTCTSCTS Corporation reports Q3 EPS 29c, one estimate 24c
Reports Q3 revenue $100M, one estimate $154.6M.

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