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TTM TECHNOLOGIES INCBullish
TTM Technologies reported record-breaking third-quarter 2026 results with $1.2 billion in net sales and $84.8 million in GAAP net income ($0.79 per diluted share). Driven by strong AI and data center demand, the company issued a fourth-quarter revenue guidance of $1.42 billion to $1.44 billion and continues to expand through strategic acquisitions like Ophir Optics.…more
TTM TECHNOLOGIES INC
TTM Technologies has entered into a definitive agreement to acquire the Ophir Optics business from MKS Inc. for approximately $650 million in an all-cash transaction. The acquisition is expected to close in the second quarter of 2027 and is projected to be immediately accretive to TTM's adjusted EBITDA margin and non-GAAP diluted EPS.…more
TTM TECHNOLOGIES INC
TTM Technologies has announced an additional $400 million investment to expand manufacturing capacity across four facilities in China and its plant in Penang, Malaysia, to support surging demand for AI infrastructure. This investment is incremental to the company's previously disclosed $1.2 billion commitment for the 2025-2029 period and will utilize a 'rapid-ramp' brownfield approach to accelerate production capacity.…more
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TTM Technologies Rebounds After Selloff Driven by Data Center Delays
TTM Technologies rebounded in premarket trading after a sharp decline triggered by concerns over data center project delays and rising acquisition costs, despite beating Q3 earnings estimates. While the company raised its 2026 guidance, investors remain cautious about long-term revenue outlooks and increased debt expenses.…more
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TTM Technologies achieved record-breaking third-quarter results, with revenue rising 60% year-over-year to $1.2 billion driven by strong AI demand. The company expressed confidence in its future outlook, supported by continued growth in its data center and aerospace and defense segments.…more
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TTM Technologies has agreed to acquire Ophir Optics, a provider of infrared thermal imaging and laser optics, for $650 million in an all-cash deal. The acquisition is expected to be immediately accretive to TTM's adjusted EBITDA margin and non-GAAP diluted EPS.…more
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