TTM Technologies Q4 2019 Earnings Report
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
TTM Technologies
TTM Technologies
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.