TTM Technologies, Inc. Reports Fiscal Third Quarter 2020 Results

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TTM Technologies (TTMI) Tops Q3 EPS by 6c, Revenues Beat; Offers 4Q EPS/Revenue Guidance

October 28, 2020 4:15 PM EDT

TTM Technologies (NASDAQ: TTMI) reported Q3 EPS of $0.25, $0.06 better than the analyst estimate of $0.19. Revenue for the quarter came in at $513.6 million versus the consensus estimate of $491.58 million.

Third Quarter 2020 Highlights

Net sales were $513.6 millionGAAP net loss of $41.5 million, or ($0.39) per diluted share, inclusive of a goodwill impairment charge of $69.2 millionNon-GAAP net income was $26.8 million, or $0.25 per diluted... More