TTM Technologies (TTMI) Tops Q2 EPS by 9c; Guides In-Line

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TTM Technologies, Inc. Reports Second Quarter 2016 Results

July 27, 2016 4:06 PM EDT

COSTA MESA, Calif., July 27, 2016 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (Nasdaq: TTMI), a major global printed circuit board (PCB) manufacturer, today reported results for the second quarter 2016, which ended June 27, 2016.  Our results include the contribution from the Viasystems Group, Inc. ("Viasystems") acquisition, which was completed on May 31, 2015.

Second Quarter 2016 Highlights

Net sales were $601.8 millionGAAP net income attributable to stockholders was $18.5 million, or $0.17 per diluted shareNon-GAAP net income attributable to stockholders was $28.4 million, or $0.28 per diluted shareAdjusted EBITDA was $90.2 millionDebt repayment of $30... More