TTM Q1 revenue $544.4M, GAAP EPS ($0.06); guides Q2 rev $530-570M; $100M buyback authorized

TTM TECHNOLOGIES INC

2023-Q1 EPS reported -$0.06 revenue$544,437,000

GAAP net loss $5.8M (($0.06)/shr) vs income $17.2M ($0.17) in Q1 2022.
Non-GAAP NI $18.6M ($0.18/dil) vs $25.3M ($0.24) YoY; Adj EBITDA $58.5M (10.7% sales).
Q2 2023 rev guidance $530M-$570M, non-GAAP EPS $0.17-$0.23.
Board authorized $100M share repurchase through May 2025; repurchases may be open market or 10b5-1.
Sold Shanghai BPA facility; paid $50M Term Loan B; evaluating refinancing options for TLB maturing Q3 2024.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

TTM TECHNOLOGIES INC reported first quarter fiscal 2023 results: revenue $544.4 million, net income GAAP net loss of $5.8 million, or ($0.06) per diluted share, EPS ($0.06) per diluted share. Guidance initiated.

Period: first quarter fiscal 2023
Revenue: $544.4 million
Net income: GAAP net loss of $5.8 million, or ($0.06) per diluted share
EPS: ($0.06) per diluted share
Guidance: initiated
Result: reported results

Exact text from the filing

and printed circuit boards (“PCB”), today reported results for the first quarter fiscal 2023, which ended on April 3, 2023. First Quarter 2023 Highlights • Net sales were $544.4 million • GAAP net loss of $5.8 million, or ($0.06) per diluted share • Non-GAAP net income was $18.6 million, or $0.18 per diluted share • Operating cash flow of $55.1 million; free

View on SEC.gov

3 earnings releases filed in the last 30 days. Browse all earnings releases →

TTM TECHNOLOGIES INC filing history →

Source: SEC EDGAR

accession 0001193125-23-134390

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.