TTM Technologies (TTMI) Tops Q4 EPS by 3c, Offers Guidance

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Go back to TTM Technologies (TTMI) Tops Q4 EPS by 3c, Offers Guidance

TTM Technologies, Inc. Reports Fiscal Fourth Quarter and 2021 Results

February 9, 2022 4:05 PM EST

SANTA ANA, Calif., Feb. 09, 2022 (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 fiscal 2021, which ended on January 3, 2022.  

Fourth Quarter 2021 Highlights

Net sales were $598.1 millionGAAP net income of $8.4 million, or $0.08 per diluted shareNon-GAAP net income was $36.2 million, or $0.34 per diluted shareOperating cash flow of $62.4 millionRepurchased 2.2 million shares of common stock for $29.6 million at an average price of $13.47 per share

Fourth Quarter 2021... More