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Ttm Technologies Inc - TTMI STOCK NEWS

Welcome to our dedicated page for Ttm Technologies news (Ticker: TTMI), a resource for investors and traders seeking the latest updates and insights on Ttm Technologies stock.

Overview of TTM Technologies Inc

TTM Technologies Inc (TTMI) is a global manufacturer of advanced technology solutions with an unwavering focus on printed circuit boards (PCBs) and radio frequency (RF) components. The company provides high-technology manufacturing services that serve as the electronic backbone for a wide variety of products, ranging from sophisticated smart devices and computerized vehicles to critical aerospace defense systems and modern communication networks. With deep expertise in industrial-grade PCBs and RF/microelectronic assemblies, TTM ensures that products across telecommunications, computing, aerospace, and medical sectors perform reliably and efficiently.

Core Business Areas and Services

TTM organizes its operations into two primary segments: the Printed Circuit Boards segment and the RF & S Components segment. The printed circuit boards segment is at the heart of the company's revenue, offering not only a variety of technologically advanced PCBs but also essential value-added services such as layout design, simulation, and rigorous testing procedures. The RF & S Components segment encompasses specialized radio frequency components, microwave assemblies, and microelectronic solutions that cater to critical applications in both commercial and defense sectors.

Industry Impact and Competitive Position

At its core, TTM Technologies stands as a vital partner in the supply chains of industries that demand fast time-to-market solutions combined with uncompromised quality. Its integrated manufacturing processes and one-stop service model are designed to reduce product development cycles, enabling companies to bring innovative products to market quickly. As a firm immersed in high-performance sectors such as aerospace, defense, and data center computing, TTM maintains a strategic competitive edge through operational excellence and a robust global footprint that spans manufacturing facilities and corporate offices.

Operational Excellence and Technological Prowess

TTM Technologies is recognized for its ability to deliver custom technology solutions that cater to complex, time-critical demands. The company emphasizes engineering precision and process optimization, which are critical to ensuring the superior quality of its PCBs and RF components. Through continuous investment in cutting-edge technologies and manufacturing innovations, TTM supports advanced applications such as next-generation telecommunication networks and sophisticated radar and mission systems used in military aircraft and naval vessels.

Applications and Market Reach

The expansive utility of TTM’s products spans several high-growth market segments. In the telecommunications arena, the company's PCBs form the circuit foundation for modern smartphones and network infrastructure. In the aerospace and defense sectors, TTM’s RF components enable robust and secure communication systems essential for defense and surveillance. Moreover, the contributions of TTM extend to computing, where precision-engineered PCBs and RF assemblies underpin reliable performance in data centers and advanced computing systems, as well as medical devices that demand stringent quality and reliability standards.

Commitment to Quality and Customer Collaboration

TTM Technologies builds its reputation on fundamental values such as honesty, integrity, performance, and clear communication. By fostering a collaborative culture across various disciplines—including manufacturing, engineering, quality assurance, supply chain management, and corporate services—TTM ensures that its comprehensive solutions are both innovative and reliable. This customer-first approach solidifies TTM's role as an essential component of the broader technology ecosystem.

Strategic Market Position and Value Proposition

Positioned within a dynamic and competitive industry landscape, TTM Technologies leverages its unparalleled technical expertise, global manufacturing capabilities, and rapid production cycles to meet the demands of an increasingly interconnected world. Its value proposition is defined by the ability to deliver time-critical, high-quality technology solutions that empower companies to innovate faster while maintaining high standards of performance and operational efficiency.

Conclusion

In summary, TTM Technologies Inc is a highly proficient manufacturer of printed circuit boards and RF components that serves a diverse array of industries. With its advanced manufacturing processes, extensive range of value-added services, and commitment to operational excellence, TTM remains a central player in the global technology supply chain. The company continuously demonstrates its expertise and reliability, ensuring that its customers receive high-quality products designed for the most demanding applications.

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TTM Technologies, Inc. (NASDAQ:TTMI) will host a conference call on May 1, 2024, to discuss its first quarter 2024 performance. Participants can register for the call and access it via the company's website. Financial results will be released before the market opens on the same day.
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TTM Technologies, Inc. (NASDAQ: TTMI) will attend investor conferences including Cowen Aerospace/Defense & Industrials Conference, J.P. Morgan High Yield & Leveraged Finance Conference, and J.P Morgan Industrials Conference to present at various times in February and March.
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TTM Technologies, Inc. reported fourth quarter and full year 2023 results, with net sales of $569.0 million, GAAP net income of $17.3 million, and non-GAAP net income of $43.0 million. The company also repurchased 784 thousand shares of common stock for $9.8 million. However, full year 2023 results saw a decrease in net sales to $2.2 billion from $2.5 billion in 2022, with a GAAP net loss of $18.7 million. The company estimates revenues for the first quarter of 2024 to be in the range of $530 million to $570 million, with non-GAAP net income in the range of $0.24 to $0.30 per diluted share.
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TTM Technologies, Inc. (NASDAQ: TTMI) donated $20,000 to Rise Against Hunger through its TTM Chair of Community Service Award. The donation was part of TTM's efforts to help those in need, with employees volunteering to package 60,912 meals for developing countries. The TTM Chair of Community Service Award recognizes employees who positively impact communities through their service.
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TTM Technologies, Inc. (NASDAQ:TTMI) will host a conference call on February 7, 2024, to discuss its fourth quarter and fiscal year 2023 performance. The conference call will be available for registration and will also be simulcast on the company's website. TTM Technologies will release its financial results before the market opens on the same day.
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TTM Technologies, Inc. (TTMI) management team will attend BofA Securities Leveraged Finance Conference on November 28th and Needham Growth Conference on January 17th, 2024, to present at 1:30pm ET and 11:00am ET respectively.
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TTM Technologies, Inc. (TTMI) was honored with three awards at the IPC China Electronics Manufacturing Annual Conference. The awards include the 'Asia Electronics Industry Excellent Contribution,' 'Asia Talent Development,' and 'Star of Education' Awards from IPC. These awards recognize TTM's contributions to supporting IPC and advancing the electronics industry in Asia.
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TTM Technologies, Inc. has selected New York State for a proposed new greenfield high-tech manufacturing facility. The facility will bring an estimated 400 manufacturing and engineering jobs to Central New York and will support additional construction jobs. It is expected to be the highest-technology PCB manufacturing facility in North America, providing customers with reduced lead times and increased domestic capacity for ultra-HDI PCBs. The planned capital investment for phase one of the project is estimated to be $100 to $130 million.
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TTM Technologies, Inc. reported its third quarter fiscal 2023 results with net sales of $572.6 million. The company had a GAAP net loss of $37.1 million, or ($0.36) per diluted share, including a goodwill impairment charge of $44.1 million. Non-GAAP net income was $44.9 million, or $0.43 per diluted share. Cash flow from operations was $58.9 million. TTM repurchased 1 million shares of common stock for $14.6 million.
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TTM Technologies, Inc. to host conference call on November 1 to discuss Q3 2023 performance.
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FAQ

What is the current stock price of Ttm Technologies (TTMI)?

The current stock price of Ttm Technologies (TTMI) is $17.78 as of April 4, 2025.

What is the market cap of Ttm Technologies (TTMI)?

The market cap of Ttm Technologies (TTMI) is approximately 1.8B.

What core products does TTM Technologies manufacture?

TTM Technologies specializes in the production of advanced printed circuit boards and RF components, including RF microwave and microelectronic assemblies.

How does TTM’s business model support quick time-to-market?

By offering integrated manufacturing services that include design, simulation, and testing, TTM reduces product development cycles, ensuring rapid market deployment.

Which industries rely on TTM’s technology solutions?

TTM’s products are used across diverse sectors such as telecommunications, aerospace, defense, computing, and medical applications.

How is the company organized within its operations?

TTM operates primarily through two segments: the printed circuit boards segment and the RF & S Components segment, addressing various high-tech market needs.

What competitive advantages does TTM Technologies offer?

TTM offers operational excellence, a robust global manufacturing footprint, and a comprehensive suite of value-added services that combine to reduce time-to-market for innovative products.

In what ways are TTM’s products crucial to the aerospace and defense sectors?

TTM manufactures high-performance PCBs and RF components that are essential for advanced communication, navigation, and mission-critical systems in aerospace and defense applications.

How does TTM ensure quality in its manufacturing processes?

The company emphasizes rigorous testing, precision engineering, and continuous innovation in its manufacturing processes to maintain high-quality standards across all products.

What value does TTM Technologies bring to its global customers?

TTM delivers solutions designed for complexity and efficiency, enabling its customers to innovate rapidly and maintain competitive advantages in technology-driven markets.
Ttm Technologies Inc

Nasdaq:TTMI

TTMI Rankings

TTMI Stock Data

1.80B
99.44M
1.98%
103.41%
2.6%
Electronic Components
Printed Circuit Boards
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United States
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