TTM Technologies (TTMI) Tops Q1 EPS by 1c, Offers Guidance

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Go back to TTM Technologies (TTMI) Tops Q1 EPS by 1c, Offers Guidance

TTM Technologies, Inc. Reports Fiscal First Quarter 2022 Results

May 4, 2022 4:05 PM EDT

SANTA ANA, Calif., May 04, 2022 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ: TTMI), a leading global manufacturer of printed circuit boards (PCB), radio frequency (RF) components and RF microwave/microelectronic assemblies, today reported results for the first quarter fiscal 2022, which ended on April 4, 2022.  

First Quarter 2022 Highlights

Net sales were $581.3 millionGAAP net income of $17.2 million, or $0.17 per diluted shareNon-GAAP net income was $25.3 million, or $0.24 per diluted shareOperating cash flow of $36.0 millionRepurchased 2.4 million shares of common stock for $30.2 million at an average price of $12.74 per... More