SANTA ANA, CA – TTM Technologies announced $616.5 million in sales for the third quarter, up 7.7% from 2023's third quarter.

"TTM delivered strong operating margin performance due to higher revenues, favorable mix, and outstanding operational execution. Revenues reflected the third consecutive quarter of year on year growth due to demand strength in our Aerospace and Defense and Data Center Computing end markets, the latter being driven by generative AI,” said Tom Edman, CEO, TTM. "In addition, cash flow from operations was a healthy 10.6% of revenues enabling the company to maintain a solid balance sheet with a net leverage ratio of 1.4x.”

For the fourth quarter of 2024, TTM estimates revenues in the range of $610 million to $650 million.