CTS Reports Q4 EPS of $.14 vs. $.15

CTS Corporation CTS today announced fourth quarter 2010 revenues of $145.0 million, an increase of 8% from revenues of $133.9 million in the same period last year, and 4% higher than third quarter 2010 revenues of $139.4 million. Fourth quarter 2010 net earnings were $4.8 million, or $0.14 per diluted share, including a restructuring and related charge of $1.7 million, or $0.03 per share. Excluding the fourth quarter 2010 restructuring charge, adjusted earnings per share were $0.17.