secwatch.observer — SEC 8-K summary
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Issuer:     TTM TECHNOLOGIES INC (TTMI)
CIK:        0001116942
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001193125-23-267755
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TTM Q3 net sales $572.6M; GAAP loss $0.36/sh on $44.1M goodwill impairment; non-GAAP EPS $0.43 beats guidance
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- Net sales $572.6M, down 14.7% YoY from $671.1M; GAAP net loss $37.1M ($0.36 loss per share).
- Non-GAAP net income $44.9M ($0.43 per share) vs guidance $0.34-$0.40, beat on North America and data center strength.
- GAAP results include $44.1M goodwill impairment in RF&S Components segment.
- Q4 guidance: revenue $550-590M, non-GAAP EPS $0.34-0.40 per diluted share.
- Repurchased 1M shares for $14.6M at avg $14.33; cash from operations $58.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1116942/000119312523267755/0001193125-23-267755-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1116942/000119312523267755/d447163d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-267755

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