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TTM Technologies, Inc. (TTMI) Q3 2024 Earnings Call Transcript Summary

TTM Technologies, Inc. (TTMI) Q3 2024 Earnings Call Transcript Summary

ttm科技公司 (TTMI) 2024年第三季度業績會交流摘要
富途資訊 ·  10/31 10:27  · 電話會議

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。


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