Welcome to our dedicated page for Ttm Technologies news (Ticker: TTMI), a resource for investors and traders seeking the latest updates and insights on Ttm Technologies stock.
TTM Technologies, Inc. (NASDAQ: TTMI) is a global manufacturer of technology products and technology solutions, with a focus on mission systems, RF components, RF microwave/microelectronic assemblies, and quick-turn and technologically advanced printed circuit boards (PCBs). Company news releases emphasize that TTM’s time-to-market orientation supports customers in reducing the time needed to develop and launch new electronic products.
This news page aggregates coverage of TTM Technologies’ announcements, including quarterly financial results, investor conference participation, product introductions, certifications, and industry recognition. For example, the company reports on its quarterly performance, end-market demand trends across aerospace and defense, automotive, data center computing, networking, and medical/industrial/instrumentation, and provides outlook commentary through press releases and Form 8-K filings.
Readers can also find updates on TTM’s RF & Specialty components, such as new ultra small RF crossover and splitter products designed for telecom, test and measurement, and COTS mil-aero applications. Other news items highlight cybersecurity milestones like CMMC Level 2 appraisal, as well as awards from organizations such as the Global Electronics Association and participation in electronics trade fairs and investor conferences.
By following TTMI news, investors and industry observers can review how TTM communicates its operating performance, market exposure, technology developments, and corporate governance events over time. This page provides a centralized view of TTM Technologies’ public disclosures and press releases related to its business activities and TTMI stock.
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.
TTM Technologies, Inc. (NASDAQ:TTMI) has announced its management team's participation in several upcoming virtual investor conferences. The presentations include:
- J.P. Morgan Technology, Media, and Communications Conference on May 12, 2020, at 4:10 PM ET;
- Needham Technology and Media Conference on May 19, 2020, at 1:45 PM ET;
- Baird Global Consumer, Technology and Services Conference on June 3, 2020, at 3:10 PM ET;
- Stifel Cross Sector Insight Conference on June 9, 2020.
Live webcasts will be available on TTM's website, with replays accessible later.