TTM Technologies Reports Q4 Revenue of $774.3M, Exceeds Expectations
Reports Q4 revenue $774.3M, consensus $752.96M. "We delivered another strong quarter with both revenues and non-GAAP EPS at or above the high end of the guided range. Revenues grew 19% reflecting continued demand strength in the Data Center Computing and Networking end markets supporting AI and data center buildouts. Our Medical, Industrial and Instrumentation end market experienced healthy double-digit revenue growth while Aerospace and Defense experienced higher than market growth," said Edwin Roks, President & CEO of TTM Technologies Inc. "Adjusted EBITDA margins were 16.3%, reflecting continued solid execution," concluded Dr. Roks.
