CTS Corporation (CTS)

CTS Corporation beat consensus on both the top and bottom line in the second fiscal quarter of 2026, reported July 28, as revenue rose about 7% to roughly $144.5 million and adjusted EPS of $0.74 topped the about $0.61 estimate by about 21%. Net income increased about 3% to roughly $19.2 million from $18.5 million a year ago, while gross margin held near 42.5% and operating margin near 18.5% as operating income reached about $26.8 million. Transportation stayed the largest segment at about $59.3 million, though it slipped about 2%; Industrial grew about 16% to roughly $39.5 million and Medical climbed about 45% to about $27.8 million. Operating cash flow came to about $33.4 million, and the company repurchased about $3.4 million of stock and paid about $1.1 million in dividends. Consensus for the next period calls for EPS of $0.65 on revenue of $148.7 million.