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TTM Technologies Inc (TTMI) delivers essential updates through this dedicated news hub for investors and industry professionals. Access official press releases and curated news coverage about PCB manufacturing advancements, RF component innovations, and strategic developments across aerospace, telecommunications, and computing sectors.
This resource consolidates TTMI's financial announcements, technology breakthroughs, and operational updates including quarterly earnings, production expansions, and R&D initiatives. Users will find verified information on supply chain partnerships, quality certifications, and market expansion efforts that shape the electronics manufacturing landscape.
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TTM Technologies, Inc. (NASDAQ: TTMI) announced on February 2, 2023, that it will replace its Special Security Agreement (SSA) with a Special Board Resolution (SBR) pending confirmation from the Defense Counterintelligence and Security Agency (DCSA). This change comes due to a significant reduction in foreign ownership of TTM, alongside the retirement of its only non-U.S. citizen board member. The SBR maintains existing policies to mitigate risks to U.S. national security and mandates at least three board members with National Security Clearance. TTM expects this transition will have no material impact on its cost structure.
TTM Technologies, Inc. (NASDAQ:TTMI) will announce its fourth quarter and fiscal year 2022 financial results on February 8, 2023, after market close. A conference call is scheduled for the same day at 4:30 p.m. ET to discuss the results. Interested participants can register for the call through a provided link and will receive dial-in information. The call will also be available via the company’s website, remaining accessible for one week post-event. TTM Technologies is recognized for its global manufacturing of technology solutions, including engineered systems and advanced PCBs.
TTM Technologies, Inc. (NASDAQ: TTMI) announced its participation in several upcoming investor conferences. The conferences include the Needham Growth Conference on January 10, 2023; Cowen Aerospace/Defense & Industrials Conference on February 16, 2023; J.P. Morgan High Yield & Leveraged Finance Conference on March 7, 2023; and J.P. Morgan Industrials Conference on March 16, 2023. Presentations will be webcast live on TTM's website, with replays available for a limited time.
TTM is a global leader in manufacturing technology solutions, including RF components and printed circuit boards.
TTM Technologies, Inc. (TTMI) has entered a multi-year agreement with Raytheon Missiles & Defense to supply radio frequency assemblies and printed circuit boards for the SPY-6 radar systems, potentially worth $500 million over five years. This agreement aims to enhance supply chain efficiencies and strengthen the partnership between TTM and Raytheon, aligning with the U.S. Navy's modernization efforts. The SPY-6 radar will provide advanced capabilities to the Navy's fleet, with full operational status expected by 2024.
TTM Technologies, Inc. (NASDAQ: TTMI), a prominent global manufacturer in technology solutions, announced participation in two upcoming investor conferences. The first is the Baird Global Industrial Conference on November 8 at the Ritz Carlton Hotel in Chicago, featuring a presentation at 1:10 PM CT. The second is the Bank of America Leveraged Finance/Credit Conference on November 29 at Boca Raton Resort, scheduled for 1:30 PM ET. Live webcasts of the presentations will be available on TTM's website, with replays accessible for a limited time.
TTM Technologies, Inc. (NASDAQ:TTMI) announced new dial-in details for its third quarter earnings call due to technical issues. The call is scheduled for November 2, 2022, at 5:00 p.m. Eastern Time, where the company will discuss its fiscal performance. Investors can access the call by dialing 1-855-282-6330 (international 415-655-0003, ID 173 703 8290), and it will also be available for streaming on TTM's website for one week post-event. TTM provides solutions in engineered systems, RF components, and advanced PCBs.
TTM Technologies reported strong third quarter fiscal 2022 results with net sales of $671.1 million, a significant increase from $556.8 million in Q3 2021. GAAP net income rose to $43.5 million or $0.42 per diluted share, compared to $21.0 million or $0.19 in the previous year. Non-GAAP net income was $57.9 million, or $0.56 per diluted share. The company generated $80.0 million in operating cash flow and $53.7 million in free cash flow. TTM expects Q4 2022 revenue between $630 million and $670 million.
TTM Technologies, Inc. (NASDAQ:TTMI) announced a conference call on November 2, 2022, at 4:30 p.m. ET to discuss its third quarter fiscal year 2022 performance. The company will release its financial results on the same day after market close. Interested parties can access the call by dialing 800-263-0877 or via the company's website, where the event will also be simulcast. This call aims to provide insights into TTM's quarterly performance and strategic direction.
TTM Technologies (NASDAQ: TTMI) has signed a distribution agreement with RFMW, a specialized distributor of RF and microwave components. This partnership aims to enhance TTM's market reach in high-frequency RF technology. TTM will offer its full range of RF&S products, including Xinger® brand items, through RFMW's distribution channels and online store. Both companies expect this collaboration to yield strong opportunities for their customer bases, leveraging RFMW's 20 years of experience in the industry.