-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BM3N6S/xH8HCLq3BQvFJxmGOyGuGS7ArKdXsIhAhbcJkst4VNOgylJ7cY3q0VbrA Y1VJPy414oMs6QkXbaWKsg== 0000026058-07-000006.txt : 20070131 0000026058-07-000006.hdr.sgml : 20070131 20070131094235 ACCESSION NUMBER: 0000026058-07-000006 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070131 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070131 DATE AS OF CHANGE: 20070131 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CTS CORP CENTRAL INDEX KEY: 0000026058 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] IRS NUMBER: 350225010 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04639 FILM NUMBER: 07566493 BUSINESS ADDRESS: STREET 1: 905 WEST BOULEVARD NORTH CITY: ELKHART STATE: IN ZIP: 46514 BUSINESS PHONE: 5742937511 MAIL ADDRESS: STREET 1: 905 W BLVD NORTH CITY: ELKHART STATE: IN ZIP: 46514 8-K 1 form8-k.htm FORM 8-K 1-31-2007 Form 8-K 1-31-2007

 

UNITED STATES
 
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
 
FORM 8-K
 
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
Date of Report (Date of Earliest Event Reported):    January 31, 2007 (January 30, 2007)
 
 
CTS CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
 
Indiana
1-4639
35-0225010
(State or Other Jurisdiction of Incorporation)
 
(Commission File Numbers)
 
(I.R.S. Employer Identification Nos.)
 
905 West Boulevard North
    
Elkhart, Indiana
  
46514
(Address of Principal Executive Offices)
 
  
(Zip Code)
 
Registrants' Telephone Number, Including Area Code: (574) 293-7511
 
(Former Name or Former Address, if Changed Since Last Report)
 
Check the appropriate box below if the form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
q  
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

q  
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

q  
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

q  
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 2.02     Results of Operations and Financial Condition.
 
On January 30, 2007, CTS Corporation issued a press release announcing preliminary revenue results for the fourth quarter and fiscal year 2006 as more fully described in the press release, a copy of which is attached as Exhibit 99.1 hereto and which information is incorporated herein by reference.

The information contained in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished to the Securities and Exchange Commission and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section. Furthermore, the information contained in Item 2.02 of this Current Report on Form 8-K shall not be deemed to be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933.

Item 9.01     Financial Statements and Exhibits.
 
 
(a)  
Financial Statements of Business Acquired.
                Not applicable.
 
(b)  
Pro Forma Financial Information.
                Not applicable.
 
             (c) Shell Company Transactions.
                Not applicable.
 
            (d) Exhibits.
              The following exhibits are filed with this report:
 
            Exhibit No.  Exhibit Description
                99.1   Press Release dated January 30, 2007
 
 


 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 

 
CTS CORPORATION


/s/ Richard G. Cutter            
By: Richard G. Cutter
Vice President, Secretary
and General Counsel

 
Date: January 31, 2007
 


EXHIBIT INDEX
 

          Exhibit No.  Exhibit Description
99.1  
        Press Release dated January 30, 2007
 
 EX-99.1 2 ex99_1.htm EXHIBIT 99.1 Exhibit 99.1

 
newsrelease
CTS CORPORATION Elkhart, Indiana 46514h(574) 293-7511

January 30, 2007
FOR RELEASE: Immediately

CTS TO POSTPONE FOURTH QUARTER EARNINGS RELEASE

Elkhart, IN…CTS Corporation (NYSE: CTS) today announced that it is delaying its fourth quarter 2006 earnings release in order to complete reconciliation of certain balance sheet accounts related to payables and inventory at one EMS manufacturing location. Reconciliation of these accounts could impact earnings. The Company hopes to complete these actions and release the earnings report within the next two weeks. At that time, the Company expects to report revenues for the quarter at $173.6 million, a 12% increase year-over-year, with full year revenues at $655.7 million, 6% over 2005. The earnings release conference call will be rescheduled to follow the release.


About CTS
CTS is a leading designer and manufacturer of electronic components and sensors and a provider of electronics manufacturing services (EMS) to OEMs in the automotive, computer, communications, medical and industrial markets. CTS manufactures products in North America, Europe and Asia. CTS' stock is traded on the NYSE under the ticker symbol "CTS.” To find out more, visit the CTS Web site at www.ctscorp.com.

Safe Harbor Statement
This press release contains statements that are, or may be deemed to be, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, any financial or other guidance, statements that reflect our current expectations concerning future results and events, and any other statements that are not based solely on historical fact. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. These forward-looking statements are made subject to certain risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from those presented in the forward-looking statements. For more detailed information on the risks and uncertainties associated with CTS’ business, see our reports filed with the SEC. CTS undertakes no obligation to publicly update its forward-looking statements to reflect new information or events or circumstances that arise after the date hereof, including market or industry changes.


Contact: Vinod M. Khilnani, Senior Vice President and Chief Financial Officer, or
Mitchell J. Walorski, Director of Investor Relations
CTS Corporation, 905 West Boulevard North, Elkhart, IN 46514
Telephone (574) 293-7511 FAX (574) 293-6146 
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