Ttm Technologies Inc Stock Price, News & Analysis

TTM Technologies, Inc. (NASDAQ:TTMI) will host a conference call on February 3, 2021, at 4:30 p.m. Eastern Time to discuss its fourth quarter and fiscal year 2020 performance. The financial results will be released after market close on the same day. Interested parties can access the call by dialing 800-458-4121 or internationally at 323-794-2093. The event will also be streamed on TTM's website, remaining available for a week post-event. TTM is a leading manufacturer of printed circuit boards, emphasizing quick-turn and volume production.

TTM Technologies announced its participation in several upcoming virtual investor conferences in January and March 2021. The events include:

• The Needham Growth Conference on January 12 at 11:30 AM ET;
• The Cowen Aerospace/Defense and Industrials Conference on February 9 at 2:20 PM ET;
• The J.P. Morgan Global High Yield and Leveraged Finance Conference on March 1 at 4:15 PM ET;
• The Truist Securities Technology, Internet & Services Conference on March 9.

All presentations will be webcast live on TTM's website, with replays available shortly after.

TTM Technologies (NASDAQ:TTMI) has successfully repaid its 1.75% Senior Convertible Notes totaling approximately $250 million on December 15, 2020. This was achieved through a Combination Settlement, resulting in the delivery of about 5.3 million shares of Common Stock to noteholders opting for conversion. TTM's financial discipline has enabled it to repay $400 million of its Term Loan B in July 2020. With no outstanding convertible bond obligations, TTM's balance sheet is strengthened, positioning the company favorably for future growth.

TTM Technologies (NASDAQ: TTMI) announced its participation in the 2020 International Electronics Circuit Exhibition in Shenzhen, China, from December 2-4. The event focuses on 5G and smart technology, featuring TTM's interactive presentations on PCB capabilities in telecom, signal integrity for 5G, and applications in ADAS. TTM introduced a 'beyond boundaries' exhibition solution to engage customers unable to attend due to COVID-19, showcasing their innovative technologies. Senior VP Kent Hardwick emphasized TTM's commitment to meeting customer needs through unique solutions.

TTM Technologies, Inc. (NASDAQ: TTMI), a top printed circuit board and RF components manufacturer, announced its management team will participate in three upcoming investor conferences. The conferences include the Baird Global Industrial Conference on November 12, 2020, at 3:10 PM ET, the Stifel Midwest One-on-One Growth Conference on the same day, and the Barclays Global Technology, Media and Telecom Conference on December 10, 2020. Live webcasts of these presentations will be available on TTM's website, with replays accessible for a limited time.

TTM Technologies, Inc. (TTMI) reported a net loss of $41.5 million for Q3 2020, reflecting a significant decline from a net income of $15.9 million in Q3 2019. Net sales were $513.6 million, down from $534.2 million a year prior. The company's non-GAAP net income increased to $26.8 million, or $0.25 per diluted share, compared to $23.2 million, or $0.22 per diluted share, in the same quarter last year. The company has provided a revenue outlook for Q4 2020 between $490 million and $530 million. TTM's leverage ratio stands at 1.6x as of September 28, 2020.

TTM Technologies (NASDAQ: TTMI) will host a conference call on October 28, 2020, at 4:30 p.m. ET to discuss its Q3 2020 financial performance. The call can be accessed by dialing 800-367-2403 (or 334-777-6978 for international callers) with ID 9148146. Additionally, the call will be available via simulcast on www.ttm.com and will remain accessible for a week post-event. TTM Technologies focuses on advanced printed circuit board manufacturing and aims to support customers in reducing the time-to-market for new products.

TTM Technologies, Inc. (NASDAQ:TTMI) reported strong second quarter results for fiscal 2020, with GAAP net sales reaching $570.3 million and net income of $192.8 million, benefiting from a $183.1 million gain from the sale of its Mobility business unit. Non-GAAP net sales were $601.1 million, with a net income of $33.3 million. Adjusted EBITDA was $80.3 million. Despite challenges from COVID-19, TTM expects third quarter revenue between $470 million and $510 million. The company continues to maintain operational efficiency with all facilities active.

TTM Technologies (NASDAQ: TTMI) will hold a conference call on July 29, 2020, at 4:30 PM ET to discuss its second-quarter performance. Financial results will be released after market close on the same day. Interested parties can join the call by dialing 800-367-2403 or 334-777-6978 internationally, with an identification number of 9715005. The call will also stream live on TTM's website, remaining available for one week post-event.