TTM Technologies (TTMI) Tops Q2 EPS by 21c, Offers Guidance

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Go back to TTM Technologies (TTMI) Tops Q2 EPS by 21c, Offers Guidance

TTM Technologies, Inc. Reports Fiscal Second Quarter 2022 Results

August 3, 2022 4:05 PM EDT

SANTA ANA, Calif., Aug. 03, 2022 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ: TTMI), a leading global manufacturer of technology solutions including engineered systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB), today reported results for the second quarter fiscal 2022, which ended on July 4, 2022.  

Second Quarter 2022 Highlights

Net sales were $625.6 millionGAAP net income of $27.8 million, or $0.27 per diluted shareNon-GAAP net income was $55.3 million, or $0.54 per diluted shareOperating cash flow of $79.3 million; free cash flow of $52.9 million.Completed the acquisition of Telephonics on June... More