TTM Technologies $TTMI.US reported Great Q3 2026 Earnings
Revenue: $1.2 B vs. $1.13 B expected, up 59.93% YoY ✅
Adj. EPS: $1.46 vs. $1.25 expected, up 117.9% YoY ✅
Data Center & Networking is up (+115% YoY), Accounted for 41% of total Q3 sales.
Demand is surging for TTMI’s high-technology N+M asymmetrical printed circuit boards (PCBs), which power complex AI servers and data centers.
This technology is projected to grow from 30% of Data Center segment revenue today to 50% in 2027.
Aerospace & Defense (+21% YoY): Accounted for 34% of net sales. The A&D segment achieved a record program backlog of $2.0 billion, providing unmatched revenue visibility.
Management noted that 65% of projected 2027 A&D revenue is already under contract.
With a 2027 forward P/E of just 9.6x, the stock's post-earnings drop could present a good buying opportunity.
#EarningsSeason
Revenue: $1.2 B vs. $1.13 B expected, up 59.93% YoY ✅
Adj. EPS: $1.46 vs. $1.25 expected, up 117.9% YoY ✅
Data Center & Networking is up (+115% YoY), Accounted for 41% of total Q3 sales.
Demand is surging for TTMI’s high-technology N+M asymmetrical printed circuit boards (PCBs), which power complex AI servers and data centers.
This technology is projected to grow from 30% of Data Center segment revenue today to 50% in 2027.
Aerospace & Defense (+21% YoY): Accounted for 34% of net sales. The A&D segment achieved a record program backlog of $2.0 billion, providing unmatched revenue visibility.
Management noted that 65% of projected 2027 A&D revenue is already under contract.
With a 2027 forward P/E of just 9.6x, the stock's post-earnings drop could present a good buying opportunity.
#EarningsSeason