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TTM Technologies Inc (TTMI.OQ)

TTMI.OQ on NASDAQ Stock Exchange Global Select Market

19.36USD
20 Jun 2018
Change (% chg)

$0.21 (+1.10%)
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Open
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Volume
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Latest Key Developments (Source: Significant Developments)

TTM To Pay A Fee To Anaren If Purchase Agreement Is Terminated
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Ttm Technologies Inc ::TTM TECHNOLOGIES SAYS ‍IF ANAREN PURCHASE AGREEMENT TERMINATED UNDER CERTAIN CIRCUMSTANCES, CO MAY HAVE TO PAY TO ANAREN FEE OF $31.0 MILLION - SEC FILING.  Full Article

TTM Technologies to acquire Anaren for about $775 mln
Monday, 4 Dec 2017 

Dec 3 (Reuters) - TTM Technologies Inc ::TTM TECHNOLOGIES, INC. TO ACQUIRE ANAREN, INC..‍AGREED TO ACQUIRE ANAREN, INC. FOR APPROXIMATELY $775 MILLION IN CASH FROM AFFILIATES OF VERITAS CAPITAL​.‍ANAREN WILL BE PURCHASED IN DEBT FREE, CASH FREE TRANSACTION FOR $775 MILLION IN CASH, SUBJECT TO WORKING CAPITAL ADJUSTMENTS AT CLOSING​.‍IN 12 MONTHS ENDED SEPT 30, 2017, COMBINED CO WOULD HAVE GENERATED PRO FORMA REVENUE OF $2.8 BILLION; PRO-FORMA ADJUSTED EBITDA OF $450 MILLION​.‍EXPECTS TO FINANCE PURCHASE WITH A $700 MILLION ADD ON TO ITS EXISTING TERM LOAN B AND CASH ON HAND​.‍TTM HAS RECEIVED A FULLY-UNDERWRITTEN COMMITMENT FROM BARCLAYS TO FINANCE TRANSACTION​.‍DEAL ACCRETIVE TO NON-GAAP OPERATING MARGINS, ADJUSTED EBITDA MARGINS, NON-GAAP EPS AND FREE CASH FLOW​.IDENTIFIED $15 MILLION IN PRE-TAX, RUN RATE, COST SYNERGIES WHICH ARE EXPECTED TO BE REALIZED WITHIN FIRST TWO YEARS AFTER CLOSING​.‍TRANSACTION IS EXPECTED TO BE ACCRETIVE TO NON-GAAP EARNINGS​.‍BARCLAYS ACTED AS FINANCIAL ADVISOR FOR TTM, AND HOULIHAN LOKEY AND EVERCORE ACTED AS FINANCIAL ADVISORS FOR ANAREN​.  Full Article

TTM Technologies Q3 non-GAAP earnings per share $0.32
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - TTM Technologies Inc ::TTM Technologies, Inc. Reports fiscal third quarter 2017 results.Q3 non-gaap earnings per share $0.32.Q3 gaap earnings per share $0.19.Q3 sales $666.8 million versus i/b/e/s view $654.4 million.Sees q4 2017 non-gaap earnings per share $0.49 to $0.55.Sees q4 2017 revenue $700 million to $750 million.Q3 earnings per share view $0.31 -- Thomson Reuters I/B/E/S.  Full Article

TTM announces pricing of $375 million of its 5.625 pct senior notes
Saturday, 16 Sep 2017 

Sept 15 (Reuters) - TTM Technologies Inc :TTM announces pricing of $375 million of its 5.625 pct senior notes due 2025.  Full Article

TTM Technologies entered into a first amendment to amend and restate term loan credit agreement
Tuesday, 27 Sep 2016 

Ttm Technologies Inc : Registrant entered into a first amendment to amend and restate term loan credit agreement dated May 31, 2015 . Says amendment reduces amount outstanding under TLB agreement to $775 million, among other things - SEC filing . TLB agreement was amended to reduce applicable margin for eurodollar loans to 4.25% and applicable margin for ABR loans to 3.25% . Says ABL credit agreement was amended to increase amount available under ABL agreement to $200 million, among other things . TLB agreement was amended to permit registrant to sell up to $30 million of accounts receivable . Also entered into a first amendment to amend and restate ABL credit agreement dated May 31, 2015 .ABL agreement was amended to reduce applicable margins by 0.25% for both eurodollar loans and ABR loans.  Full Article

TTM Technologies says Q2 GAAP earnings per share $0.17
Thursday, 28 Jul 2016 

TTM Technologies Inc : Ttm technologies, inc. Reports second quarter 2016 results . Q2 non-gaap earnings per share $0.28 . Q2 gaap earnings per share $0.17 . Q2 sales $601.8 million versus i/b/e/s view $601.5 million . Q2 earnings per share view $0.18 -- Thomson Reuters I/B/E/S . Sees q3 2016 revenue $620 million to $660 million . Q3 revenue view $652.9 million -- Thomson Reuters I/B/E/S . Sees q3 non-gaap net income to be in range of $0.29 to $0.35 per diluted share .Q3 earnings per share view $0.26 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-TTM Technologies Q1 Non-GAAP Earnings Per Share $0.26

* TTM TECHNOLOGIES, INC. REPORTS FISCAL FIRST QUARTER 2018 RESULTS