earnings
confidence high
sentiment positive
materiality 0.75
TTM beats on revenue and GAAP profitability in Q3; record A&D backlog of $1.49B
TTM TECHNOLOGIES INC
2024-Q3 EPS reported
$0.49
revenue$1,791,788,000
- Net sales $616.5M, up 7.7% YoY from $572.6M; book-to-bill ratio 1.20.
- GAAP net income $14.3M ($0.14 diluted EPS) vs net loss $37.1M ($0.36 loss) in Q3 2023.
- Non-GAAP diluted EPS $0.41, down from $0.43 YoY; includes $17.8M pre-tax FX loss.
- Adjusted EBITDA $84.4M (13.7% of sales) vs $84.1M (14.7%) a year ago.
- Q4 2024 guidance: revenue $610M-$650M, non-GAAP EPS $0.44-$0.50; cash flow from ops $65.1M.