TTM Company profile
About TTM Technologies, Inc.
TTM Technologies, Inc. is a printed circuit board (PCB) manufacturer. The Company is focused on the production of technologically advanced PCBs and backplane assemblies as well as a global designer and manufacturer of high-frequency radio frequency (RF) and microwave components and assemblies. The Company’s segments include PCB, and RF and Specialty Components (RF&S Components). The PCB segment consists of 15 domestic PCB and sub-system plants; six PCB fabrication plants in China, and one in Canada. The RF&S Components segment consists of one domestic RF component plant and one RF component plant in China. The Company serves various markets, including aerospace and defense, data center computing, automotive components, medical, industrial and instrumentation related products, as well as networking/communications infrastructure products. Its customers include both original equipment manufacturers (OEMs) and electronic manufacturing services (EMS) providers.
Financial summary
BRIEF: For the fiscal year ended 03 January 2022, TTM Technologies, Inc. revenues increased 7% to $2.25B. Net income before extraordinary items totaled $54.4M vs. loss of $16.4M. Revenues reflect PCB segment increase of 15% to $2.19B, RF&S Components segment increase of 31% to $58.6M, Other segment increase of 27% to $871.7M. Net Income reflects RF&S Components segment income totaling $22M vs. loss of $56.7M.
Equity composition
Common Stock, $0.001 Par, 05/11, 100M auth., 81,318,061 issd. Insiders control 35.08%. Initial Public Offering 9/21/00, 7.5M shares (5,625,000 by the Company) @ $16 by Robertson Stephens. PO 2/02, 6.3M shares(2,025,000 by Co.) @ $8.50 by Robertson Stephens. 12/04, PO 4.4M shares by Thomas Weisel Partners, LLC.