NASDAQ$TTMI
TTM Technologies Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
TTM Technologies reported fiscal second quarter 2020 results, exceeding revenue and earnings guidance despite COVID-19 challenges and weakness in automotive and commercial aerospace end markets.
TTM Technologies reported GAAP net sales of $570.3 million and GAAP net income of $192.8 million, or $1.79 per diluted share, which included a net gain of $183.1 million from the sale of the Mobility business unit. Non-GAAP net sales were $601.1 million and non-GAAP net income was $33.3 million, or $0.31 per diluted share.
- GAAP net sales were $570.3 million.
- Non-GAAP net sales were $601.1 million.
- GAAP net income of $192.8 million, or $1.79 per diluted share, inclusive of a net gain on the sale of the Mobility business unit of $183.1 million or $1.70 per diluted share.
- Non-GAAP net income was $33.3 million, or $0.31 per diluted share, inclusive of $0.01 of foreign exchange loss.
Headline financials
Revenue & EPS history
TTM Technologies · Revenue · Quarterly
$570M
Revenue by segment
TTM Technologies · $13.9M total across 1 segment · Q3 2022
- RF&S Components$13.9M—100.0%
Forward guidance
TTM estimates that revenue for the third quarter of 2020 will be in the range of $470 million to $510 million, and non-GAAP net income will be in the range of $0.16 to $0.22 per diluted share.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+2.6%
Avg return
Earnings day
+4.5%
Avg return
5 days after
+5.8%
Avg return
30 days after
59%
38 / 64 earnings
Positive
+22.1%
Q2 2022
Best reaction
-20.4%
Q2 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | +15.3% | +16.1% | +26.4% | |
| Q4 2025 | -3.8% | -2.5% | -8.6% | |
| Q3 2025 | +4.6% | +18.0% | +18.5% | |
| Q1 2025 | +16.6% | +25.5% | +49.2% | |
| Q4 2024 | +10.0% | +4.9% | -5.5% | |
| Q3 2024 | +13.9% | +14.7% | +23.7% | |
| Q2 2024 | -5.8% | -14.3% | -6.2% | |
| Q1 2024 | +11.5% | +17.3% | +24.6% | |
| Q4 2023 | +5.1% | +12.6% | +3.7% | |
| Q3 2023 | +22.0% | +23.3% | +30.4% | |
| Q2 2023 | +2.3% | +4.2% | +3.5% | |
| Q1 2023 | -1.0% | -1.3% | +18.2% | |
| Q4 2022 | -15.2% | -12.7% | -19.5% | |
| Q3 2022 | -17.1% | -10.0% | +4.3% | |
| Q2 2022 | +22.1% | +20.5% | +11.7% | |
| Q1 2022 | +1.9% | -0.8% | +2.3% | |
| Q3 2021 | -4.8% | -1.6% | +3.1% | |
| Q2 2021 | +0.9% | +2.0% | +2.8% | |
| Q1 2021 | -0.3% | -1.2% | -0.3% | |
| Q4 2020 | +1.2% | +2.1% | +2.4% | |
| Q3 2020 | -0.1% | -2.1% | +10.0% | |
| Q2 2020 | +3.8% | +3.5% | -2.4% | |
| Q1 2020 | +6.0% | -0.1% | +5.9% | |
| Q4 2019 | -0.5% | -9.7% | -14.5% | |
| Q3 2019 | -7.4% | -0.3% | +6.0% | |
| Q2 2019 | +13.0% | +6.1% | +3.3% | |
| Q1 2019 | -9.0% | -6.3% | -35.6% | |
| Q4 2018 | +1.0% | +2.6% | -1.7% | |
| Q3 2018 | -11.1% | -1.8% | -10.8% | |
| Q2 2018 | +12.2% | +8.5% | +7.7% | |
| Q1 2018 | +17.0% | +14.6% | +25.8% | |
| Q4 2017 | -2.7% | -1.6% | +6.2% | |
| Q3 2017 | +8.2% | +6.4% | +0.7% | |
| Q2 2017 | -20.4% | -20.4% | -17.2% | |
| Q1 2017 | +2.2% | +1.0% | +4.2% | |
| Q4 2016 | +12.2% | +16.1% | +5.5% | |
| Q3 2016 | +16.9% | +12.7% | +16.1% | |
| Q2 2016 | +15.7% | +23.8% | +27.4% | |
| Q1 2016 | -3.8% | — | — | |
| Q4 2015 | +18.9% | — | — | |
| Q3 2015 | +9.0% | — | — | |
| Q2 2015 | -8.3% | — | — | |
| Q1 2015 | -1.2% | — | — | |
| Q4 2014 | +8.7% | — | — | |
| Q3 2014 | +12.0% | — | — | |
| Q2 2014 | -6.1% | — | — | |
| Q1 2014 | -2.1% | — | — | |
| Q4 2013 | +4.5% | — | — | |
| Q3 2013 | -14.3% | — | — | |
| Q2 2013 | +1.5% | — | — | |
| Q1 2013 | +18.6% | — | — | |
| Q4 2012 | +6.0% | — | — | |
| Q3 2012 | -1.1% | — | — | |
| Q2 2012 | -13.9% | — | — | |
| Q1 2011 | +0.5% | — | — | |
| Q1 2012 | +0.8% | — | — | |
| Q4 2011 | -0.9% | — | — | |
| Q4 2009 | -0.9% | — | — | |
| Q3 2011 | +0.0% | — | — | |
| Q3 2010 | +0.0% | — | — | |
| Q2 2010 | +0.3% | — | — | |
| Q4 2010 | +0.3% | — | — | |
| Q2 2011 | +0.3% | — | — | |
| Q1 2010 | +4.3% | — | — |
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