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TTM Technologies Q3 Earnings Call Highlights
TTM cited AI-driven demand and a $400 million capacity plan as it lifted 2026 revenue guidance and projected record 2027 sales.
- On Thursday, TTM Technologies reported Q3 2026 sales of $1.2 billion, representing 60% growth, with non-GAAP EPS reaching $1.46 per diluted share—both all-time quarterly highs.
- Growth was driven by a 115% surge in the data center and networking end market, while the aerospace and defense segment benefited from positive defense budget tailwinds and strong program bookings.
- Data center and networking revenue reached $493.6 million, accounting for 41% of total sales, while aerospace and defense recorded $416.5 million and a record $2 billion backlog.
- TTM announced the planned $650 million acquisition of Ophir, which CEO Edwin Roks noted will "establish a presence in Israel and Romania" and offer precision infrared thermal imaging capabilities.
- Management issued 2027 revenue guidance of $6.5 billion to $6.75 billion and announced a $400 million capacity investment beginning in the fourth quarter to support data center demand.
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TTM Technologies Q3 Earnings Call Highlights
TTM Technologies (NASDAQ:TTMI) reported record third-quarter 2026 revenue and non-GAAP earnings, citing continued demand from data center and networking customers, aerospace and defense programs, and other end markets. Third-quarter net sales rose 60% from a year earlier to $1.2 billion, compared w
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Leaning Left1Leaning Right0Center2Last UpdatedBias Distribution67% Center
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67% Center
L 33%
C 67%
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