TTM Technologies, Inc. Reports Fiscal Second Quarter 2020 Results
| Select Non-GAAP income statement data |
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TTM Proforma Excluding Mobility, SZ & SH-EMS |
Q1-19A |
Q2-19A |
Q3-19A |
Q4-19A |
FY 2019A |
Q1-20A |
Q2-20A |
| Sales | 500.4 | 486.0 | 479.7 | 506.0 | 1,972.1 | 483.4 | 548.9 |
| Gross Profit | 97.7 | 91.2 | 82.2 | 100.1 | 371.2 | 86.0 | 105.6 |
| Gross Margin | 19.5% | 18.8% | 17.1% | 19.8% | 18.8% | 17.8% | 19.2% |
| Op Income | 52.2 | 46.2 | 33.8 | 49.4 | 179.8 | 37.7 | 54.4 |
| OM | 10.4% | 9.5% | 7.0% | 9.8% | 9.1% | 7.8% | 9.9% |
| EBITDA | 70.0 | 70.6 | 59.5 | 70.5 | 270.5 | 63.5 | 76.4 |
| EBITDA % | 14.0% | 14.5% | 12.4% | 13.9% | 13.7% | 13.1% | 13.9% |
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TTM Consolidated |
Q1-19A |
Q2-19A |
Q3-19A |
Q4-19A |
FY 2019A |
Q1-20A |
Q2-20A |
| Sales | 620.2 | 633.0 | 716.8 | 719.3 | 2,689.3 | 610.8 | 601.1 |
| Gross Profit | 90.6 | 86.4 | 106.0 | 126.8 | 409.7 | 88.3 | 107.2 |
| Gross Margin | 14.6% | 13.6% | 14.8% | 17.6% | 15.2% | 14.5% | 17.8% |
| Op Income | 40.5 | 37.2 | 54.0 | 72.4 | 204.1 | 35.7 | 54.7 |
| Operating Margin | 6.5% | 5.9% | 7.5% | 10.1% | 7.6% | 5.8% | 9.1% |
| EBITDA | 78.5 | 82.9 | 103.5 | 111.3 | 376.2 | 82.1 | 80.3 |
| EBITDA % | 12.7% | 13.1% | 14.4% | 15.5% | 14.0% | 13.4% | 13.4% |
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Mobility |
Q1-19A |
Q2-19A |
Q3-19A |
Q4-19A |
FY 2019A |
Q1-20A |
Q2-20A |
| Sales | 83.8 | 106.1 | 182.6 | 183.5 | 556.0 | 113.2 | 30.8 |
| Gross Profit | (10.1) | (8.2) | 18.6 | 24.3 | 24.5 | 4.7 | 2.4 |
| Gross Margin | -12.1% | -7.8% | 10.2% | 13.2% | 4.4% | 4.2% | 7.8% |
| Op Income | (11.9) | (10.3) | 15.9 | 21.0 | 14.7 | 2.1 | 1.1 |
| Operating Margin | -14.2% | -9.7% | 8.7% | 11.4% | 2.6% | 1.9% | 3.6% |
| EBITDA | 6.0 | 9.2 | 36.9 | 38.5 | 90.6 | 21.9 | 3.8 |
| EBITDA % | 7.2% | 8.7% | 20.2% | 21.0% | 16.3% | 19.3% | 12.3% |
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SZ + SH-EMS |
Q1-19A |
Q2-19A |
Q3-19A |
Q4-19A |
FY 2019A |
Q1-20A |
Q2-20A |
| Sales | 36.0 | 40.9 | 54.5 | 29.8 | 161.2 | 14.2 | 21.4 |
| Gross Profit | 3.0 | 3.4 | 5.2 | 2.3 | 13.9 | (2.4) | (0.3) |
| Gross Margin | 8.3% | 8.3% | 9.5% | 7.7% | 8.6% | -16.7% | -1.4% |
| Op Income | 2.0 | 1.2 | 4.3 | 2.0 | 9.5 | (3.8) | (0.8) |
| Operating Margin | 5.6% | 2.9% | 7.9% | 6.7% | 5.9% | -26.8% | -3.8% |
| EBITDA | 2.5 | 3.1 | 7.1 | 2.0 | 14.7 | (3.6) | 0.1 |
| EBITDA % | 6.9% | 7.6% | 13.0% | 6.7% | 9.1% | -25.4% | 0.4% |
