India, July 28 -- On Tuesday, Shares of CTS Corp. (CTS) were gaining around 4% on the NYSE, after the company reported year-over-year growth in profit for its second quarter and raised its outlook for full year of 2026.
On the NYSE, the shares were trading 4.21 percent higher at $62.96.
Net earnings for the period went up to $19.16 million, from $18.53 million in the previous year. Earnings per share rose to $0.66, from $0.62 in the same quarter last year.
Expenses for research and development dropped to $4.76 million, from $6.33 million in the prior year.
Adjusted net earnings were $21.3 million, up from $17.3 million a year ago. Adjusted earnings per share climbed to $0.74, from $0.57 last year.
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