COSTA MESA, CA – TTM Technologies reported fiscal third quarter net sales were $755.8 million, an increase of 13.3% year-over-year and 5.4% sequentially.

GAAP net income for the quarter ended Oct. 1 was $27 million, up 25.6% compared to the third quarter of 2017, and down 68% sequentially. GAAP operating income was $54.6 million, an increase of 23.8% year-over-year and 72.2% sequentially.

Cash flow from operations was $80 million during the quarter.

“TTM delivered record revenues and earnings for a third quarter,” said CEO Tom Edman. “We were pleased to see solid year-over-year growth from the aerospace and defense, cellular, computing and medical/industrial/instrumentation end markets that more than offset weakness in our automotive end market. Following record third quarter revenues in the cellular end market, we’re anticipating weaker sales and profits in the fourth quarter.”

For the fourth quarter, TTM estimates revenue in the range of $720 million to $760 million.