TTM Technologies, Inc. Reports Fiscal Second Quarter 2020 Results

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TTM Technologies (TTMI) Tops Q2 EPS by 17c, Revenues Beat

July 29, 2020 4:12 PM EDT

TTM Technologies (NASDAQ: TTMI) reported Q2 EPS of $0.31, $0.17 better than the analyst estimate of $0.14. Revenue for the quarter came in at $601.1 million versus the consensus estimate of $536.92 million.

Second Quarter 2020 Highlights

GAAP net sales were $570.3 millionNon-GAAP net sales were $601.1 millionGAAP net income of $192.8 million, or $1.79 per diluted share, inclusive of a net gain on the sale of the Mobility business unit of $183.1 million or $1.70 per diluted shareNon-GAAP net income was $33.3 million, or $0.31 per diluted share, inclusive of... More