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TTM Technologies Inc (TTMI.OQ)

TTMI.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

TTM Technologies Q4 GAAP Earnings Per Share $0.40
Wednesday, 7 Feb 2018 04:05pm EST 

Feb 7 (Reuters) - Ttm Technologies Inc ::TTM TECHNOLOGIES, INC. REPORTS FISCAL FOURTH QUARTER AND FISCAL 2017 RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $0.57.Q4 GAAP EARNINGS PER SHARE $0.40.Q4 SALES $739.3 MILLION VERSUS $706.5 MILLION.SEES Q1 2018 NON-GAAP EARNINGS PER SHARE $0.22 TO $0.28.SEES Q1 2018 REVENUE $610 MILLION TO $660 MILLION.Q4 EARNINGS PER SHARE VIEW $0.52, REVENUE VIEW $727.0 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

TTM To Pay A Fee To Anaren If Purchase Agreement Is Terminated
Monday, 4 Dec 2017 06:23am EST 

Dec 4 (Reuters) - Ttm Technologies Inc ::TTM TECHNOLOGIES SAYS ‍IF ANAREN PURCHASE AGREEMENT TERMINATED UNDER CERTAIN CIRCUMSTANCES, CO MAY HAVE TO PAY TO ANAREN FEE OF $31.0 MILLION - SEC FILING.  Full Article

TTM Technologies to acquire Anaren for about $775 mln
Sunday, 3 Dec 2017 08:00pm EST 

Dec 3 (Reuters) - TTM Technologies Inc ::TTM TECHNOLOGIES, INC. TO ACQUIRE ANAREN, INC..‍AGREED TO ACQUIRE ANAREN, INC. FOR APPROXIMATELY $775 MILLION IN CASH FROM AFFILIATES OF VERITAS CAPITAL​.‍ANAREN WILL BE PURCHASED IN DEBT FREE, CASH FREE TRANSACTION FOR $775 MILLION IN CASH, SUBJECT TO WORKING CAPITAL ADJUSTMENTS AT CLOSING​.‍IN 12 MONTHS ENDED SEPT 30, 2017, COMBINED CO WOULD HAVE GENERATED PRO FORMA REVENUE OF $2.8 BILLION; PRO-FORMA ADJUSTED EBITDA OF $450 MILLION​.‍EXPECTS TO FINANCE PURCHASE WITH A $700 MILLION ADD ON TO ITS EXISTING TERM LOAN B AND CASH ON HAND​.‍TTM HAS RECEIVED A FULLY-UNDERWRITTEN COMMITMENT FROM BARCLAYS TO FINANCE TRANSACTION​.‍DEAL ACCRETIVE TO NON-GAAP OPERATING MARGINS, ADJUSTED EBITDA MARGINS, NON-GAAP EPS AND FREE CASH FLOW​.IDENTIFIED $15 MILLION IN PRE-TAX, RUN RATE, COST SYNERGIES WHICH ARE EXPECTED TO BE REALIZED WITHIN FIRST TWO YEARS AFTER CLOSING​.‍TRANSACTION IS EXPECTED TO BE ACCRETIVE TO NON-GAAP EARNINGS​.‍BARCLAYS ACTED AS FINANCIAL ADVISOR FOR TTM, AND HOULIHAN LOKEY AND EVERCORE ACTED AS FINANCIAL ADVISORS FOR ANAREN​.  Full Article

TTM Technologies Q3 non-GAAP earnings per share $0.32
Wednesday, 1 Nov 2017 04:05pm EDT 

Nov 1 (Reuters) - TTM Technologies Inc ::TTM Technologies, Inc. Reports fiscal third quarter 2017 results.Q3 non-gaap earnings per share $0.32.Q3 gaap earnings per share $0.19.Q3 sales $666.8 million versus i/b/e/s view $654.4 million.Sees q4 2017 non-gaap earnings per share $0.49 to $0.55.Sees q4 2017 revenue $700 million to $750 million.Q3 earnings per share view $0.31 -- Thomson Reuters I/B/E/S.  Full Article

TTM TECHNOLOGIES, UNITS ENTER SYNDICATION OF $350.0 MLN SENIOR SECURED TERM LOAN
Friday, 29 Sep 2017 11:43am EDT 

Sept 29 (Reuters) - TTM Technologies Inc ::ON SEPT 28, CO, UNITS ENTERED INTO A SYNDICATION OF $350.0 MILLION SENIOR SECURED TERM LOAN MATURING IN SEPT 2024 - SEC FILING.USED OFFERING PROCEEDS, BORROWINGS UNDER NEW TERM LOAN FACILITY, TO REFINANCE INDEBTEDNESS OUTSTANDING UNDER PREVIOUS TERM LOAN FACILITY.  Full Article

TTM announces proposed offering of $375 mln of senior notes due 2025
Monday, 11 Sep 2017 07:45am EDT 

Sept 11 (Reuters) - TTM Technologies Inc :TTM announces proposed offering of $375 million of senior notes due 2025.TTM Technologies - to use net proceeds of offering of notes, together with borrowings from its new term loan, to refinance indebtedness outstanding.TTM Technologies - also ‍to use proceeds, along with borrowings from term loan to repay portion of amounts outstanding under U.S. Senior credit facility​.  Full Article

TTM announces launch of $350 million senior secured term loan as part of debt refinancing
Wednesday, 6 Sep 2017 12:30pm EDT 

Sept 6 (Reuters) - TTM Technologies Inc ::Announces launch of syndication of $350 million senior secured term loan as part of debt refinancing.Intends to use proceeds from New Term Loan, to refinance indebtedness outstanding under TTM's existing term loan facility.Also intends to apply proceeds from New Term Loan to reduce amounts outstanding under TTM's revolving credit facilities​.  Full Article

TTM Technologies Q2 GAAP earnings per share $0.18
Wednesday, 2 Aug 2017 04:05pm EDT 

Aug 2 (Reuters) - TTM Technologies Inc :TTM Technologies, Inc. reports fiscal second quarter 2017 results.Q2 non-GAAP earnings per share $0.31.Q2 GAAP earnings per share $0.18.Q2 sales $627.2 million versus I/B/E/S view $629.1 million.Sees Q3 2017 non-GAAP earnings per share $0.29 to $0.35.Sees Q3 2017 revenue $625 million to $675 million.Q2 earnings per share view $0.35 -- Thomson Reuters I/B/E/S.Q3 earnings per share view $0.43, revenue view $674.7 million -- Thomson Reuters I/B/E/S.TTM Technologies Inc says "our Q3 is being impacted by a slower start in normal seasonal ramp of cellular products".  Full Article

Ttm Technologies sees Q2 non-gaap earnings per share $0.31-$0.37
Wednesday, 3 May 2017 04:05pm EDT 

May 3 (Reuters) - Ttm Technologies Inc :Ttm Technologies, Inc. Reports fiscal first quarter 2017 results.Q1 non-gaap earnings per share $0.37.Q1 gaap earnings per share $0.28.Q1 sales $625.2 million versus i/b/e/s view $616.3 million.Q1 earnings per share view $0.29 -- Thomson Reuters I/B/E/S.Sees q2 2017 non-gaap earnings per share $0.31 to $0.37.Sees q2 2017 revenue $605 million to $645 million.Q2 earnings per share view $0.34, revenue view $625.6 million -- Thomson Reuters I/B/E/S.  Full Article

TTM Technologies Q4 non-gaap earnings per share $0.58
Wednesday, 8 Feb 2017 04:05pm EST 

Ttm Technologies Inc : TTM Technologies Inc reports fourth quarter and fiscal year 2016 results . Q4 non-gaap earnings per share $0.58 . Q4 gaap loss per share $0.02 . Q4 sales $706.5 million versus I/B/E/S view $671.6 million . Q4 earnings per share view $0.45 -- Thomson Reuters I/B/E/S . Sees Q1 2017 non-gaap earnings per share $0.25 to $0.31 . Sees Q1 2017 revenue $595 million to $635 million .Q1 earnings per share view $0.24, revenue view $607.1 million -- Thomson Reuters I/B/E/S.  Full Article