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Dec 30, 2019
TTM Technologies Q4 2019 Earnings Report
Reported fourth quarter of fiscal 2019 results, with revenue and earnings above guidance and strong cash flow generation.
Key Takeaways
TTM Technologies reported net sales of $719.3 million and GAAP net income of $25.3 million, or $0.21 per diluted share for the fourth quarter of fiscal 2019. Non-GAAP net income was $43.9 million, or $0.41 per diluted share.
Net sales were $719.3 million
GAAP net income was $25.3 million, or $0.21 per diluted share
Non-GAAP net income was $43.9 million, or $0.41 per diluted share, inclusive of $0.03 foreign exchange losses
Cash flow from operations of $130.1 million
Forward Guidance
TTM estimates that revenue for the first quarter of 2020 will be in the range of $580 million to $620 million, and non-GAAP net income will be in the range of $0.05 to $0.11 per diluted share, which includes approximately $0.09 negative impact from the additional nine days of closure.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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