TTM Technologies

TTM Technologies, Inc. engages in the manufacture and sale of printed circuit boards and backplane assemblies. It operates through the following segments: Printed Circuit Board (PCB), RF&S Components, and Electro-Mechanical Solutions. The PCB segment consists of fifteen domestic PCB and sub-system plants, five PCB fabrication plants in China, and one in Canada. The RF&S Components segment consists of one domestic RF component plant and one RF component plant in China. The E-M Solutions segment consists of three custom electronic assembly plants in China. The company offers products such as backplanes, system integration, chassis assemblies, integrated circuit substrates and chips, and engineering services. TTM Technologies was founded on March 20, 1978 and is headquartered in Santa Ana, CA.

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TTM Technologies reports solid Q4 results amidst market challenges

TTM Technologies delivered strong financial performance in Q4, driven by robust demand in Aerospace and Defense.
Strategic acquisitions and operational improvements have enhanced profitability and positioned the company for growth.
Challenges in commercial markets persist, but opportunities in the automotive sector and cost management strategies offer potential.
Overall, TTM Technologies remains resilient with a focus on operational efficiency and financial stability.

TTM Technologies reports mixed Q1 results, eyes growth opportunities

TTM Technologies navigated mixed Q1 results with strong A&D market demand but challenges in commercial sectors.
Strategic acquisitions and debt management showcase the company's focus on growth and financial stability.
Operational challenges like supply chain issues and market weaknesses require targeted strategies for improvement.

TTM Technologies reports solid Q2 performance amidst market challenges

TTM Technologies delivered solid Q2 performance, meeting revenue guidance and showcasing strength in Aerospace and Defense and Data Center Computing markets.
While facing supply chain challenges and market fluctuations, the company remains resilient with a focus on cost savings, margin optimization, and strategic acquisitions.
Opportunities lie in the Automotive and medical industrial sectors, along with progress in commercial markets, signaling potential for revenue growth and market expansion.
With a strong financial position and ongoing operational improvements, TTM Technologies is well-positioned to navigate challenges and capitalize on emerging opportunities for sustainable growth.

TTM reports mixed Q3 results, focuses on operational enhancements

TTM Technologies delivered mixed results in Q3 2023 with strong revenue growth but a net loss, focusing on operational enhancements and strategic acquisitions
The company faces challenges in certain market segments and supply chain disruptions, while aiming to capitalize on increased demand for advanced PCB products
TTM's performance highlights the importance of operational efficiency, strategic investments, and adapting to evolving market dynamics

TTM Technologies surpasses Q4 earnings expectations, eyes aerospace growth

TTM Technologies delivered strong Q4 results, exceeding non-GAAP EPS guidance and showcasing solid performance in key markets.
Strategic moves to transform the business and enhance operational efficiencies position TTM for long-term growth and resilience.
Despite challenges in certain segments and regions, TTM is focused on leveraging opportunities in aerospace, defense, and regional expansion.

TTM Technologies surpasses Q1 expectations, eyes growth amid operational challenges

TTM Technologies delivered a robust performance in Q1 2024, exceeding earnings expectations and demonstrating resilience in key markets.
While facing challenges such as margin improvement and labor issues, the company remains well-positioned to capitalize on growth opportunities.
With a solid financial foundation, strategic initiatives, and positive guidance for Q2 2024, TTM Technologies shows promise for continued success and value creation.

TTM Technologies exceeds Q2 expectations, eyes aerospace market expansion

TTM Technologies' Q2 2024 earnings call showcased robust financial performance, driven by strategic focus on key markets and operational improvements. With strong sales in aerospace and defense, the company aims to mitigate cyclicality and enhance differentiation through targeted investments. Challenges lie in optimizing operations post-facility closures, while opportunities for growth abound in expanding technology capabilities and increasing engagement.

TTM Technologies posts robust Q3 results, eyes strategic transformation

TTM Technologies (TTMI) reported a strong Q3 performance with revenue growth and operational improvements.
The company is strategically transforming its business to reduce cyclicality and enhance differentiation.
While facing challenges in the automotive segment, TTM's focus on new facilities and operational efficiency is promising.
With solid cash flow, minimal aerospace exposure, and growth opportunities, TTM is poised for future success.

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TTM Technologies, Inc. engages in the manufacture and sale of printed circuit boards and backplane assemblies. It operates through the Printed Circuit Board and RF&S Components segments. The Printed Circuit Board segment consists of fifteen domestic PCB and sub-system plants, five PCB fabrication plants in China, and one in Canada. The RF&S Components segment consists of one domestic RF component plant and one RF component plant in China. The company offers products such as backplanes, system integration, chassis assemblies, integrated circuit substrates and chips, and engineering services. The company was founded on March 20, 1978 and is headquartered in Santa Ana, CA.

TTM Technologies stock was down big as recently as late October, but a rebound in November has narrowed down losses for the year to close to break even. The Company has a number of attributes, including trading at just below book value, which may draw the interest of those looking for value. A look back at past performance shows that the stock has all sorts of problems holding on to gains, resulting in a stock going in circles.

TTM Technologies: The Case For And Against

SANTA ANA, Calif., Nov. 22, 2023 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ: TTMI) (“TTM”), a leading global manufacturer of technology solutions including mission systems, radio frequency (“RF”) components and RF microwave/microelectronic assemblies and printed circuit boards (“PCB”s) was honored with three awards at the IPC China Electronics Manufacturing Annual Conference held in Shanghai on October 27, 2023. The awards include the "Asia Electronics Industry Excellent Contribution," "Asia Talent Development," and "Star of Education" Awards from IPC. These awards recognize TTM's contributions to supporting IPC and advancing the electronics industry in Asia.

TTM Technologies, Inc. Receives Three Prestigious Awards from IPC for Outstanding Contributions to the Electronics Industry in Asia

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The average of price targets set by Wall Street analysts indicates a potential upside of 25.7% in TTM (TTMI). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe TTM (TTMI) Could Rally 25.69%: Here's is How to Trade

TTM Technologies, Inc. (NASDAQ:TTMI ) Q3 2023 Earnings Conference Call November 1, 2023 10:00 AM ET Company Participants Sameer Desai - Senior Director, Corporate Development & IR Thomas Edman - President and CEO Dan Boehle - CFO Conference Call Participants Jim Ricchiuti - Needham & Company Mike Crawford - B. Riley Securities William Stein - Truist Securities Chan Park - Stifel Operator Good morning, ladies and gentlemen.

TTM Technologies, Inc. (TTMI) Q3 2023 Earnings Call Transcript

TTM Technologies (TTMI) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.56 per share a year ago.

TTM Technologies (TTMI) Q3 Earnings and Revenues Surpass Estimates

SANTA ANA, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ: TTMI) (“TTM”) announced that we have selected New York State as the location for a proposed new greenfield high-tech manufacturing facility. We began with an assessment of the entire contiguous United States, looking at all counties. That broad assessment was then narrowed to 27 markets in 16 states, and ultimately resulted in the selection of New York State after a rigorous competitive process that included 10 states. The selection of New York builds upon TTM's long history as an industry partner in the State of New York, with 90 years of history on Long Island, and 56 years in Syracuse.

TTM Technologies, Inc. announces the State of New York as the Selected Location for a Proposed New Facility in Syracuse to Produce Ultra-HDI PCBs in Support of National Security Requirements

SANTA ANA, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ: TTMI), a leading global manufacturer of technology solutions including mission systems, radio frequency (“RF”) components and RF microwave/microelectronic assemblies, and printed circuit boards (“PCB”), today reported results for the third quarter fiscal 2023, which ended on October 2, 2023.

TTM Technologies, Inc. Reports Fiscal Third Quarter 2023 Results

SANTA ANA, Calif., Oct. 11, 2023 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ:TTMI) will host a conference call on Wednesday, November 1, at 10:00 a.m. Eastern Time/7:00 a.m. Pacific Time to discuss its third quarter fiscal year 2023 performance.

TTM Technologies, Inc. to Conduct Third Quarter Fiscal Year 2023 Conference Call on November 1, 2023

SANTA ANA, Calif., Sept. 27, 2023 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ: TTMI or The Company), a leading global manufacturer of technology solutions including mission systems, radio frequency (“RF”) components and RF microwave/microelectronic assemblies, and printed circuit boards (“PCB”), today announced that its Chief Financial Officer, Dan Boehle, was honored at the 2023 Los Angeles Business Journal (LABJ) CFO of the Year Awards ceremony. The ceremony was held on Thursday, September 21, 2023 at the Biltmore Hotel.

TTM Technologies, Inc. Chief Financial Officer, Dan Boehle, Wins CFO of the Year Award from the Los Angeles Business Journal

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is TTM Technologies (TTMI) Stock Undervalued Right Now?

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SANTA ANA, Calif., Aug. 30, 2023 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ: TTMI) (“TTM”), a leading global manufacturer of technology solutions including mission systems, radio frequency (“RF”) components, RF microwave/microelectronic assemblies and printed circuit boards (“PCB”s) has received a multi-year AN/UPR-4(V) Passive Detection & Reporting System (“PDRS”) award from the U.S. Army to support their Air Missile Defense Planning and Control System (“ADMPCS”) and Integrated Battle Command System (“IBCS”). TTM has received the initial $14.7M order, with the total contract valued at $86.7M over five years.

TTM Technologies Aerospace & Defense Sector Awarded Contract from the U.S. Army for AN/UPR-4(V) PDRS

TTM (TTMI) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

TTM (TTMI) Is Attractively Priced Despite Fast-paced Momentum

TTM Technologies reported a decline in net sales and income in Q2 2023, with lower-than-expected results in certain markets. The company is working to transform into a less cyclical and more differentiated business, with acquisitions and facility consolidation. TTM Technologies is focused on expanding its presence in the aerospace and defense market and expects growth in the data center market.

TTM Technologies: Waiting For A Turning Point

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If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, TTM (TTMI) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

TTM (TTMI) Shows Fast-paced Momentum But Is Still a Bargain Stock

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SANTA ANA, Calif., Aug. 03, 2023 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ: TTMI), a leading global manufacturer of technology solutions including mission systems, radio frequency (“RF”) components and RF microwave/microelectronic assemblies and printed circuit boards (“PCB”), today announced that members of its management team will attend the following investor conferences:

TTM Technologies, Inc. Announces Upcoming Conference Participation

TTM Technologies, Inc. (NASDAQ:TTMI ) Q2 2023 Earnings Conference Call August 2, 2023 1:00 PM ET Company Participants Sameer Desai - Senior Director, Corporate Development & IR Thomas Edman - President and CEO Todd Schull - EVP and CFO Conference Call Participants William Stein - Truist Securities Matt Sheerin - Stifel Griffin Boss - B. Riley Securities Jim Ricchiuti - Needham & Co Operator Good afternoon, ladies and gentlemen.

TTM Technologies, Inc. (TTMI) Q2 2023 Earnings Call Transcript

TTM Technologies (TTMI) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.54 per share a year ago.

TTM Technologies (TTMI) Surpasses Q2 Earnings Estimates

SANTA ANA, Calif., Aug. 02, 2023 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ: TTMI), a leading global manufacturer of technology solutions including mission systems, radio frequency (“RF”) components and RF microwave/microelectronic assemblies, and printed circuit boards (“PCB”), today reported results for the second quarter fiscal 2023, which ended on July 3, 2023.

TTM Technologies, Inc. Reports Fiscal Second Quarter 2023 Results

SANTA ANA, Calif., Aug. 02, 2023 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ: TTMI or The Company), a leading global manufacturer of technology solutions including mission systems, radio frequency (“RF”) components and RF microwave/microelectronic assemblies, and printed circuit boards (“PCB”), today announced that Todd B. Schull, the Company's Chief Financial Officer, intends to retire at the end of 2023.

TTM Technologies, Inc. Announces the Retirement of its CFO and Appoints a CFO Successor

SANTA ANA, Calif., July 12, 2023 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ:TTMI) will host a conference call on Wednesday, August 2, at 1:00 p.m. Eastern Time/10:00 a.m. Pacific Time to discuss its second quarter fiscal year 2023 performance.

TTM Technologies, Inc. to Conduct Second Quarter Fiscal Year 2023 Conference Call on August 2, 2023

SANTA ANA, Calif., June 20, 2023 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ:TTMI) (“TTM”), a leading global manufacturer of technology solutions including mission systems, radio frequency (“RF”) components and RF microwave/microelectronic assemblies and printed circuit boards (“PCBs”), today announced the closing of a new Asia asset-based revolving credit facility with committed borrowing capacity of $150 million (the “New Asia ABL Facility”).

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