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Ttm Technologies Inc Stock Price, News & Analysis

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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.

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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.

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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.

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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.

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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.

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TTM Technologies, Inc. (NASDAQ: TTMI), a prominent global manufacturer of technological solutions, announces its participation in investor conferences in August 2022. These include the Needham Virtual Industrial Tech Conference on August 8, the Jefferies Global Industrials Conference on August 10 at 11:30 PM Eastern Time, and the Jefferies Semis, IT Hardware & Communication Infrastructure Summit on August 30 in Chicago. Live webcasts of the presentations will be available on their website, with replays accessible for a limited time.

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TTM Technologies, Inc. (NASDAQ: TTMI) reported strong financial results for Q2 2022, with net sales of $625.6 million, up from $567.4 million year-over-year. GAAP net income was $27.8 million ($0.27 per diluted share), slightly lower than $28.3 million in Q2 2021. However, non-GAAP net income rose to $55.3 million ($0.54 per diluted share), exceeding the previous year's $40.0 million. The company completed the acquisition of Telephonics and commenced a manufacturing facility in Malaysia, enhancing growth in the Aerospace and Defense market. TTM anticipates Q3 revenue between $655 million and $695 million.

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TTM Technologies (NASDAQ: TTMI) has published its 2022 Corporate Social Responsibility report, emphasizing its commitment to environmental, social, and governance initiatives. The report outlines the social contributions made by employees in North America and China over the past year. CEO Tom Edman expressed satisfaction with the company's progress in ESG performance and the support from the Board of Directors and employees. The full report is available for download online, highlighting TTM's focus on corporate responsibility and community impact.

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Griffon Corporation (NYSE:GFF) reported a strong fiscal third quarter ending June 30, 2022, with revenue reaching $768.2 million, up 31% from $584.2 million last year. Adjusted income from continuing operations hit a record $66.5 million ($1.23 per share), compared to $20.8 million ($0.39 per share) in the prior year. The company initiated a review of strategic alternatives, including a potential sale. Griffon also prepaid $300 million of its Term Loan B credit facility and declared a special dividend of $2.00 per share in July 2022, contributing to total dividends of $2.36 per share for the fiscal year.

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TTM Technologies, Inc. (NASDAQ:TTMI) will host a conference call on August 3, 2022, at 4:30 p.m. ET to review its second quarter fiscal year 2022 performance. The call will be accessible by phone and live-streamed on the company's website, with a recording available for one week afterward. Prior to the call, TTM Technologies will release its second-quarter financial results after market close on the same day. TTM is recognized for its advanced printed circuit boards and assemblies, emphasizing rapid manufacturing and efficient time-to-market services.

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TTM Technologies, Inc. (NASDAQ: TTMI) has introduced new high power density resistors within its RF & Specialty Components unit. The new products handle RF power from 100 to 150 Watts and include the models CW, A100N50X4A, E125N50X4, and E150N50X4. These resistors are designed for efficiency and reliability, targeting applications in industrial and test measurement markets. Available through TTM or its distributors, these advancements expand TTM's portfolio of termination resistors and attenuators, further solidifying its presence in the RF market.

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FAQ

What is the current stock price of Ttm Technologies (TTMI)?

The current stock price of Ttm Technologies (TTMI) is $95.93 as of December 31, 2023.

What is the market cap of Ttm Technologies (TTMI)?

The market cap of Ttm Technologies (TTMI) is approximately 11.2B.

TTMI Rankings

TTMI Stock Data

11.22B
101.12M
Electronic Components
Printed Circuit Boards
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United States
SANTA ANA

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