CTS Corp (NYSE:CTS)
$ 52.72 -0.4 (-0.75%) Market Cap: 1.59 Bil Enterprise Value: 1.63 Bil PE Ratio: 27.18 PB Ratio: 3.00 GF Score: 76/100
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Q1 2020 CTS Corp Earnings Call Transcript

Apr 23, 2020 / 03:00PM GMT
Release Date Price: $22.74 (+4.41%)
Operator

Good day, and welcome to the CTS Corporation First Quarter 2020 Earnings Call. Today's conference is being recorded.

At this time, I'd like to turn the conference over to Kieran O'Sullivan. Please go ahead, sir.

Kieran M. O;Sullivan
CTS Corporation - Chairman, President & CEO

' -

Thank you, David. Good morning, and thank you for joining us today, and welcome to CTS' First Quarter 2020 Conference Call. I'll start by sharing a few thoughts on our company and on our business performance.

It's been a challenging first quarter for our employees, communities and our company globally. Three CTS employees have been impacted directly by COVID-19 and are returning to good health. Our hearts go out to the families affected by the virus. We are inspired by the health care and other essential service workers on the front lines and their relentless efforts to combat the virus.

The uncertainty of COVID-19's impact weighs heavy. We've been dealing with COVID-19 in 2 China locations since early February and have been able to pass

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