TTM Technologies (TTMI) Reports In-Line Q1 EPS, Revenues Beat; Offers 2Q EPS/Revenue Outlook
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TTM Technologies, Inc. Reports Fiscal First Quarter 2021 Results
April 28, 2021 4:05 PM EDTSANTA ANA, Calif., April 28, 2021 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ: TTMI), a leading global printed circuit board (PCB) and radio frequency (RF) components and assemblies manufacturer, today reported results for the first quarter of fiscal 2021, which ended on March 29, 2021. Â
First Quarter 2021 Highlights
Net sales were $526.4 millionGAAP net loss of $3.2 million, or ($0.03) per diluted shareNon-GAAP net income was $25.3 million, or $0.23 per diluted shareCash flow from operations was $41.1 millionSuccessful completion of $500 million Senior Notes offering at 4.0% due 2029, redemption of previously issued $375 million Senior Notes at... More