TTM Technologies, Inc. Reports Fiscal Fourth Quarter and 2019 Results
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TTM Technologies (TTMI) Tops Q4 EPS by 14c, Revenues Beat; Offers Q1 EPS/Revenue Outlook
February 5, 2020 4:07 PM ESTTTM Technologies (NASDAQ: TTMI) reported Q4 EPS of $0.41, $0.14 better than the analyst estimate of $0.27. Revenue for the quarter came in at $719.3 million versus the consensus estimate of $660.43 million.
Fourth Quarter 2019 Highlights
Net sales were $719.3 millionGAAP net income was $25.3 million, or $0.21 per diluted shareNon-GAAP net income was $43.9 million, or $0.41 per diluted share, inclusive of $0.03 foreign exchange lossesCash flow from operations of $130.1 millionFor the fourth quarter, TTM continued to generate strong cash flow and delivered revenue and earnings above the... More
