TTM Technologies (TTMI) Tops Q2 EPS by 3c

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TTM Technologies, Inc. Reports Second Quarter 2015 Results

August 5, 2015 4:06 PM EDT

COSTA MESA, Calif., Aug. 5, 2015 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (Nasdaq: TTMI), a major global printed circuit board ("PCB") manufacturer, today reported results for the second quarter 2015, which ended June 29, 2015. Results for the period reflect approximately one month of consolidated results from the acquisition of Viasystems Group, Inc. ("Viasystems"), completed on June 1, 2015.

Second Quarter 2015 Highlights

-  Completed the acquisition of Viasystems on June 1, 2015

-  Net sales were $445.4 million

-  GAAP net loss was $36.6 million, or $0.41 per share

-  Non-GAAP net income was $14.9 million, or $0.17 per diluted share

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