TTM Technologies, Inc. (TTMI) Q3 2024 Earnings Call Transcript Summary
TTM Technologies, Inc. (TTMI) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the TTM Technologies, Inc. (TTMI) Q3 2024 Earnings Call Transcript:
以下是ttm科技有限公司 (TTMI) 2024年第三季度業績會實錄總結:
Financial Performance:
金融業績:
TTM Technologies reported Q3 2024 revenues of $616.5 million, a growth driven by the aerospace and defense and data center computing sectors.
GAAP operating income for Q3 2024 was $51 million compared to a GAAP operating loss of $10.2 million in Q3 2023.
Non-GAAP third quarter net income was $42.7 million, or $0.41 per diluted share.
TTm科技報告了2024年第三季度61650萬美元的營收,增長主要受航空航天和國防以及數據中心計算板塊的推動。
2024年第三季度的GAAP營業收入爲5100萬美元,而2013年第三季度爲1020萬美元的GAAP營業虧損相比。
非GAAP第三季度淨利潤爲4270萬美元,每股稀釋淨利潤爲0.41美元。
Business Progress:
業務進展:
TTM has focused on strategic acquisitions and transformations in the aerospace and defense market, contributing over 50% of revenues in this sector from integrated electronic products.
Launch of a new highly automated PCB manufacturing facility in Penang, Malaysia aimed at servicing commercial end markets like data center computing and networking.
Announced consolidation plans to close three printed circuit board manufacturing facilities, aiming to improve operational efficiency and performance.
Broke ground on a new facility in Syracuse, New York dedicated to specialized high-technology PCB production for the aerospace and defense market, with expectation of production start in 2026.
TTm已着眼於航空航天和國防市場的戰略收購和轉型,該板塊的收入50%以上來自集成電子產品。
在馬來西亞檳城啓動一個新的高度自動化的蘋果pcb製造設施,旨在爲數據中心計算和網絡等商業終端市場提供服務。
宣佈了關閉三個特斯拉-pcb板製造工廠的整合計劃,旨在提高運營效率和表現。
在紐約錫拉丘茲市爲航空航天與國防市場專門高技術pcb生產而破土動工,預計將於2026年開始生產。
Opportunities:
機會:
The aerospace and defense end market continues to show strong demand with a record program backlog of approximately $1.49 billion.
Significant growth in data center computing end market, specifically from products designed for Generative AI applications, is expected to continue driving revenues.
航空航天與國防終端市場需求持續旺盛,創下約14.9億美元的歷史項目積壓。
idc概念計算終端市場增長明顯,特別是由於面向生成式人工智能應用的產品,預計將繼續推動收入增長。
Risks:
風險:
Potential disruptions in supply chains and production due to strategic decisions to consolidate manufacturing facilities and move operations.
The automotive end market remains weak with declines attributed to inventory adjustments and reduced demand from several major customers.
由於戰略決策導致製造設施整合和運營搬遷,可能會對供應鏈和生產造成潛在干擾。
由於庫存調整和減少來自幾個主要客戶的需求,汽車終端市場仍然疲軟。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。