TTM Technologies (TTMI) Q4 Revenue Guidance Misses Views

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TTM Technologies, Inc. Updates Fourth Fiscal Quarter Outlook, Sets Date for Q4 FY18 Earnings Release and Makes Additional Debt Payment

January 14, 2019 4:05 PM EST

COSTA MESA, Calif., Jan. 14, 2019 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ: TTMI), a leading global printed circuit board (PCB) and radio frequency (RF) components manufacturer, announced today that fourth quarter revenues are expected to be in the range of $705 million to $715 million compared to previous guidance of $720 million to $760 million, and that non-GAAP net income attributable to shareholders is expected to be between $0.46 and $0.50 per diluted share as compared to previous guidance of $0.44 to $0.50 per diluted share. 

In the fourth quarter, TTM saw year on year declines in the cellular and automotive... More