Ttm Technologies Inc Stock Price, News & Analysis

TTM Technologies, Inc. (NASDAQ:TTMI) is set to discuss its first quarter fiscal year 2022 performance during a conference call on May 4, 2022, at 4:30 p.m. ET. The company will release its financial results after market close on the same day. Investors can participate by dialing 888-220-8474 or 323-794-2588 for international access. The call will also be available for a week on the company's website. TTM Technologies specializes in advanced printed circuit boards and aims to reduce time-to-market for product development.

TTM Technologies (NASDAQ: TTMI) has enhanced its Xinger® brand by launching new high power couplers tailored for 5G MIMO and O-RAN applications. The new products, covering sub-6GHz 5G bands (1.7GHz – 6.3GHz) include models X4C20J1-03G to X4C55J1-03G, known for their compact size (2mm x 1.6mm) and superior performance with low insertion loss and 5W power handling. This expansion reflects TTM's commitment to meet customer demands for high-performance solutions. The couplers are available through authorized distributors including Richardson RFPD, Digi-Key, and Mouser.

TTM Technologies (NASDAQ: TTMI) announced plans to establish a new, automated printed circuit board (PCB) manufacturing facility in Penang, Malaysia. This initiative responds to customer demands for supply chain resilience and diversification, particularly in advanced multi-layer PCB sourcing. The $130 million investment is expected to yield $180 million in revenue by 2025, with production commencing in 2024. The facility aims to support commercial sectors like networking, medical, and industrial, enhancing TTM's competitive edge outside of China.

TTM Technologies (NASDAQ:TTMI) reported fourth quarter 2021 net sales of $598.1 million, up from $523.8 million in Q4 2020. GAAP net income fell to $8.4 million or $0.08 per diluted share, down from $39 million or $0.34 per diluted share in the previous year. For the full year 2021, net sales increased by 6.8% to $2.25 billion. Non-GAAP net income for 2021 was $138 million, or $1.28 per diluted share. TTM estimates Q1 2022 revenue between $540 million and $580 million with non-GAAP net income ranging from $0.20 to $0.26 per diluted share.

TTM Technologies, Inc. (NASDAQ:TTMI) will host a conference call on February 9, 2022, at 4:30 p.m. ET to discuss its fourth quarter and fiscal year 2021 performance. The call can be accessed by dialing 888-394-8218 or internationally at 323-794-2588, with an ID of 1667874. Financial results will be released after market close on the same day. TTM specializes in manufacturing advanced printed circuit boards and RF components, allowing customers to bring products to market faster. Further details can be found on TTM's website.

TTM Technologies, Inc. (NASDAQ:TTMI), a global leader in printed circuit board and RF components manufacturing, will present at three upcoming investor conferences. The events include the Needham Virtual Growth Conference on January 11, 2022, at 12:30 PM ET, the Cowen Virtual Aerospace/Defense and Industrials Conference on February 10, 2022, at 2:20 PM ET, and the J.P. Morgan Global High Yield and Leveraged Finance Conference in Miami on March 1, 2022, at 2:45 PM ET. All presentations will be accessible via live webcast on TTM's website, with replays available post-event.

TTM Technologies, Inc. (NASDAQ:TTMI), a leader in printed circuit board (PCB) manufacturing, has announced its participation in two virtual investor conferences. The first is the Baird Global Industrial Conference on November 9 at 3:45 PM Eastern Time, followed by the Bank of America Leveraged Finance Conference on November 30 at 3:00 PM Eastern Time. Both presentations will be available via live webcast on the company’s website, with a replay accessible afterward. TTM focuses on advanced PCBs and RF components, enabling customers to expedite product development.

TTM Technologies, Inc. (NASDAQ:TTMI) reported third-quarter 2021 net sales of $556.8 million, up from $513.6 million in Q3 2020. The company achieved a GAAP net income of $21.0 million ($0.19 per diluted share), contrasting with a loss of $61.5 million in the prior year. Non-GAAP net income rose to $36.5 million ($0.34 per diluted share). Adjusted EBITDA was $68.6 million (12.3% of sales). TTM anticipates Q4 revenue between $530 million and $570 million, citing increased costs and potential power rationing as challenges.

TTM Technologies, Inc. (NASDAQ:TTMI) will host a conference call on October 27, 2021, at 4:30 p.m. ET to discuss its third quarter fiscal year 2021 performance. Investors can access the call by dialing 800-263-0877 or 323-794-2094 (ID 8701149). The call will also be available via the company's website and will remain accessible for one week following the event. TTM will release its financial results after the market closes on the same day.