TTM Technologies (TTMI) Tops Q4 EPS by 5c, Revenues Miss; Offers 1Q EPS/Revenue Guidance Below Consensus
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TTM Technologies, Inc. Reports Fiscal Fourth Quarter and Fiscal 2018 Results
February 6, 2019 4:05 PM ESTCOSTA MESA, Calif., Feb. 06, 2019 (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 fourth quarter and full year of fiscal 2018, which ended December 31st, 2018.
Fourth Quarter 2018 Highlights
Net sales were $711.0 millionGAAP net income was $52.5 million, or $0.42 per diluted shareNon-GAAP net income was $55.0 million, or $0.52 per diluted shareCash flow from operations of $151.8 millionRepaid $70 million of our Term Loan B in Q4 and an additional $30 million on February 1st,... More