earnings
confidence high
sentiment positive
materiality 0.70
TTM Q1 non-GAAP EPS $0.31 beats guidance; revenue $570M, YoY growth; guides Q2 EPS $0.32-$0.38
TTM TECHNOLOGIES INC
2024-Q1 EPS reported
$0.10
revenue$570,113,000
- GAAP net income $10.5M ($0.10 diluted EPS) vs loss $5.8M (-$0.06) YoY; non-GAAP net income $32.8M ($0.31) vs $18.6M ($0.18).
- Revenue $570.1M, near high end of guided range, up from $544.4M YoY (4.7% increase).
- Adjusted EBITDA $74.8M (13.1% of sales) vs $58.5M (10.7%) YoY.
- Q2 2024 guidance: revenue $560M-$600M, non-GAAP EPS $0.32-$0.38 per diluted share.
- Repurchased 600K shares for $9.3M at avg $15.56; cash from operations $43.9M.