CTS (NYSE: CTS) reported earnings on Jan. 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), CTS whiffed on revenue and missed on earnings per share.

Compared to the prior-year quarter, revenue shrank slightly, and earnings per share improved significantly.

Gross margins dropped, operating margins contracted, and net margins expanded.

Revenue details
CTS tallied revenue of $144.0 million. The three analysts polled by S&P Capital IQ predicted a top line of $160.4 million. Sales were 0.7% lower than the prior-year quarter's $145.0 million.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.

EPS details
Non-GAAP EPS came in at $0.22. The three earnings estimates compiled by S&P Capital IQ predicted $0.23 per share on the same basis. GAAP EPS of $0.17 for Q4 were 31% higher than the prior-year quarter's $0.13 per share.

Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 17.9%, 240 basis points worse than the prior-year quarter. Operating margin was 2.6%, 270 basis points worse than the prior-year quarter. Net margin was 4.1%, 80 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $160.3 million. On the bottom line, the average EPS estimate is $0.17.

Next year's average estimate for revenue is $654.6 million. The average EPS estimate is $0.80.

Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on CTS is buy, with an average price target of $14.00.

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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.