earnings
confidence high
sentiment neutral
materiality 0.70
TTM Q4 revenue $598.1M beats guidance; non-GAAP EPS $0.34 at high end
TTM TECHNOLOGIES INC
2021-FY EPS reported
$0.50
revenue$2,248,740,000
- Q4 net sales $598.1M vs $523.8M YoY; GAAP net income $8.4M ($0.08 diluted), down from $39.0M ($0.34).
- Non-GAAP net income $36.2M ($0.34 diluted) vs $40.2M ($0.37) in Q4 2020; EBITDA $70.4M (11.8% of sales).
- FY21 revenue $2.25B, up 6.8% YoY (10.9% ex-divestitures); GAAP net income $54.4M vs loss of $16.4M from continuing ops.
- Q1 2022 guidance: revenue $540M-$580M; non-GAAP EPS $0.20-$0.26, below Q4 actual.
- Repurchased 2.2M shares for $29.6M in Q4; $64.6M for 4.7M shares in FY21 under $100M buyback program.