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Contact: Sameer Desai,
Vice President, Corporate Development & Investor
Relations Sameer.desai@ttmtech.com
714-327-3050 |
With respect to the Companys outlook for non-GAAP net income
per diluted share, we are unable to predict with reasonable certainty or without unreasonable effort certain items that may affect a comparable measure calculated and presented in accordance with GAAP. Our expected
non-GAAP net income per diluted share excludes primarily the future impact of restructuring actions, impairment charges, unusual gains and losses, and tax adjustments. These reconciling items are highly
variable and difficult to predict due to various factors outside of managements control and could have a material impact on our future period net income per diluted share calculated and presented in accordance with GAAP. Accordingly, a
reconciliation of non-GAAP net income per diluted share to a comparable measure calculated and presented in accordance with GAAP has not been provided because the Company is unable to provide such
reconciliation without unreasonable effort. For the same reasons, TTM is unable to address the probable significance of the information.
Live
Webcast/Conference Call
TTM will host a conference call and webcast to discuss third quarter 2023 results and the fourth quarter 2023 outlook on
Wednesday, November 1st, 2023, at 10:00 a.m. Eastern Time (7:00 a.m. Pacific Time). The conference call will include forward-looking statements.
Access
to the conference call is available by clicking on the registration link TTM Technologies, Inc. third quarter fiscal year 2023 conference call. Registering participants will receive dial in information and a unique PIN to join the call.
Participants can register at any time up to the start of the conference call. The conference call will also be simulcast on the companys website, and can be accessed by clicking on the link TTM Technologies, Inc. third quarter fiscal year
2023 webcast. The webcast will remain accessible for one week following the live event.
To Access a Replay of the Webcast
The replay of the webcast will remain accessible for one week following the live event on TTMs website at TTM Technologies, Inc. third quarter fiscal
year 2023 webcast.
About TTM
TTM Technologies,
Inc. is a leading global manufacturer of technology solutions including mission systems, RF components/RF microwave/microelectronic assemblies, quick-turn and technologically advanced PCBs. TTM stands for time-to-market, representing how TTMs time-critical, one-stop manufacturing services enable customers to shorten the time required to develop new products and
bring them to market. Additional information can be found at www.ttm.com.
Forward-Looking Statements
The preliminary financial results included in this press release represent the most current information available to management. The companys actual
results when disclosed in its Form 10-Q may differ from these preliminary results as a result of the completion of the companys financial closing procedures, final adjustments, completion of the review
by the companys independent registered accounting firm, and other developments that may arise between now and the disclosure of the final results. This release contains forward-looking statements that relate to future events or performance.
TTM cautions you that such statements are simply predictions and actual events or results may differ materially. These statements reflect TTMs current expectations, and TTM does not undertake to update or revise these forward looking
statements, even if experience or future changes make it clear that any projected results expressed or implied in this or other TTM statements will not be realized. Further, these statements involve risks and uncertainties, many of which are beyond
TTMs control, which could cause actual results to differ materially from the forward-looking statements. These risks and uncertainties include, but are not limited to, the impact of COVID-19, general
market and economic conditions, including interest rates, currency exchange rates ,and consumer spending, demand for TTMs products, market pressures on prices of TTMs products, warranty claims, changes in product mix, contemplated
significant capital expenditures and related financing requirements, TTMs dependence upon a small number of customers, and other factors set forth in the Risk Factors and Managements Discussion and Analysis of Financial
Condition and Results of Operations sections of the Companys public reports filed with the SEC.