TTM Technologies (TTMI) Tops Q3 EPS by 5c, Revenues Beat; Offers 4Q EPS/Revenue Outlook Below Consensus

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TTM Technologies, Inc. Reports Fiscal Third Quarter 2018 Results

October 30, 2018 4:05 PM EDT

COSTA MESA, Calif., Oct. 30, 2018 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ: TTMI), a leading global printed circuit board (PCB) and radio frequency (RF) components manufacturer, today reported results for the third quarter of fiscal 2018, which ended October 1, 2018.  The financial results provided below for the third quarter include a full quarter contribution from the acquisition of Anaren, Inc. (Anaren), which was completed on April 18, 2018.

Third Quarter 2018 Highlights

Net sales were $755.8 millionGAAP net income was $27.0 million, or $0.22 per diluted shareNon-GAAP net income was $55.1 million, or $0.50 per diluted... More