SANTA ANA, Calif., Sept. 24, 2024 (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) is introducing its ultra-compact, low-profile broadband balanced to unbalanced transformers, the XMB0220K1- 50100G and XMB0465Z1-50100G. These state-of-the-art balun transformers are engineered for diverse end market ...

Hello Group Inc. (NASDAQ: MOMO ) reported the interest of Mr. Cook, CEO of Apple. The CEO visited the company in 2024, which could, in my view, bring the attention of new investors in the future. MOMO has a significant amount of expertise I worked for several financial institutions in Europe almost all my life. I usually covered european, and american stocks for several clients in NY. I look for consistent earnings, and dividend growth. I avoid stocks without more than seven years in the market, and mostly ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 1, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to____________ Commission File Number: 000-31285 TTM TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 91-1033443 (State or oth ...

TTM Technologies, Inc. (NASDAQ:TTMI) Q2 2024 Earnings Conference Call July 31, 2024 1:00 PM ET Company Participants Sameer Desai - IR Thomas Edman - CEO Daniel Boehle - CFO Conference Call Participants Jim Ricchiuti - Needham & Co Matt Sheerin - Stifel Mike Crawford - B. Riley Securities William Stein - Truist Securities Operator Good afternoon, thank you for standing by. Welcome to the TTM Technologies Inc. Second Quarter 2024 Financial Results Conference Call. During today's presentation, all parties ...

TTM Technologies (TTMI) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items. TTM, which belongs to the Zacks Electronics - Miscellaneous Components industry, posted revenues of $605.14 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 4.39%. This compares to year-ago revenues of $546.51 million. The company has ...

Exhibit 99.1 Contact: Sameer Desai, Vice President, Corporate Development & Investor Relations Sameer.desai@ttmtech.com 714-327-3050 TTM Technologies, Inc. Reports Second Quarter 2024 Results Santa Ana, CA – July 31, 2024 – TTM Technologies, Inc. (NASDAQ: TTMI), a leading global manufacturer of technology solutions including mission systems, radio frequency ("RF") components and RF microwave/microelectronic assemblies, quick-turn and technologically advanced printed circuit boards ("PCB"), today reported re ...

SANTA ANA, Calif., July 10, 2024 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ:TTMI) will host a conference call on Wednesday, July 31, at 1:00 p.m. Eastern Time/10:00 a.m. Pacific Time to discuss its second quarter 2024 performance. About TTM TTM Technologies will release its second quarter 2024 financial results before the market opens on Wednesday, July 31, 2024. Contact: Sameer Desai Vice President, Corporate Development & Investor Relations sameer.desai@ttmtech.com 714-327-3050 Access to the confe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 1, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to____________ Commission File Number: 000-31285 TTM TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of ...

TTM Technologies, Inc. (NASDAQ:TTMI) Q1 2024 Earnings Conference Call May 1, 2024 1:00 PM ET Company Participants Sameer Desai - VP, Corporate Development and Investor Relations Thomas Edman - President, CEO & Director Daniel Boehle - CFO & EVP Conference Call Participants Matt Sheerin - Stifel Jim Ricchiuti - Needham & Company William Stein - Truist Securities Mike Crawford - B. Riley Financial Operator Thank you for standing by, and welcome to the TTM Technologies First Quarter 2024 Financial Results Conf ...

Financial Performance - Net sales for Q1 2024 were $570.1 million, a 4.8% increase from $544.4 million in Q1 2023[3] - GAAP net income for Q1 2024 was $10.5 million, or $0.10 per diluted share, compared to a net loss of $5.8 million, or ($0.06) per diluted share in Q1 2023[4] - Non-GAAP net income for Q1 2024 was $32.8 million, or $0.31 per diluted share, up from $18.6 million, or $0.18 per diluted share in Q1 2023[5] - Adjusted EBITDA for Q1 2024 was $74.8 million, representing 13.1% of sales, compared to $58.5 million, or 10.7% of sales in Q1 2023[5] - Operating income for Q1 2024 was $17.1 million, a significant recovery from an operating loss of $3.5 million in Q1 2023[4] - Non-GAAP gross profit for Q1 2024 was $107.17 million, up from $92.86 million in Q1 2023, representing a 15.4% increase[22] - Non-GAAP operating income increased to $40.69 million in Q1 2024 from $33.35 million in Q1 2023, marking a 22.1% rise[22] - GAAP net income for Q1 2024 was $10.47 million, compared to a loss of $5.81 million in Q1 2023[22] - Non-GAAP net income for Q1 2024 was $32.79 million, up from $18.65 million in Q1 2023, a 75.6% increase[22] - Adjusted EBITDA for Q1 2024 was $74.79 million, compared to $58.53 million in Q1 2023, indicating a 27.7% growth[22] Cash Flow and Balance Sheet - Cash flow from operations was $43.9 million, equating to 7.7% of revenue, allowing for stock repurchases while maintaining a solid balance sheet[6] - The company repurchased 600,000 shares of common stock for $9.3 million at an average price of $15.56 per share[8] - TTM's net leverage ratio stands at 1.5x, indicating a healthy balance sheet[6] - Cash and cash equivalents, including restricted cash, totaled $440.38 million, a decrease from $450.20 million[20] - Total current assets amounted to $1.40 billion, reflecting a slight increase from $1.41 billion[20] - Total assets reached $3.29 billion, indicating a growth from $3.32 billion[20] - Total current liabilities were reported at $671.20 million, a decrease from $770.39 million[20] - Total long-term liabilities stood at $1.10 billion, consistent with previous reports[20] - Total equity was $1.52 billion, showing a slight decline from $1.51 billion[20] - Short-term debt, including current portion of long-term debt, was $262.50 million, down from $350.00 million[20] - Total liabilities and equity combined were $3.29 billion, consistent with total assets[20] Revenue Drivers - The increase in revenue is attributed to strong demand in Aerospace and Defense and Data Center Computing markets[6] Future Projections - For Q2 2024, TTM estimates revenues will range from $560 million to $600 million, with non-GAAP net income projected between $0.32 and $0.38 per diluted share[7] Non-GAAP Measures - Non-GAAP gross profit and gross margin measures exclude various charges, providing a clearer view of the company's financial performance[1] - Non-GAAP operating income and operating margin measures also exclude specific charges, enhancing the understanding of operational efficiency[2] - Non-GAAP net income and non-GAAP EPS are adjusted for several non-cash and one-time items, offering additional insights into the company's ongoing financial condition[3] - Adjusted EBITDA is defined as earnings before various expenses and charges, serving as a key measure for evaluating operational performance[4] - The company believes that adjusted EBITDA is useful for comparing performance with similar companies and assessing future financial obligations[5] - Income tax adjustments reflect differences between non-GAAP and GAAP tax rates, impacting overall financial results[6]