CTS Corporation Non-GAAP EPS of $0.67 beats by $0.14, revenue of $147.7M beats by $13.55M (NYSE:CTS)

CTS Corporation press release (NYSE:CTS): Q1 Non-GAAP EPS of $0.67 beats by $0.14.Revenue of $147.7M (+15.0% Y/Y) beats by $13.55M.The company now expects FY2023 sales to be in the range of $550M– $580M, up from the previous guidance of $525M – $550M vs. consensus of $561.51M and adjusted diluted EPS in the range of $2.20 – $2.45, up from the previous guidance of $2.00 – $2.25 vs. consensus of $2.16.