Sales Growth
TTM achieved a sales growth of 22% year-on-year, driven by strong demand in data center computing, networking, and aerospace and defense markets.
Record Highs in Key Markets
Record highs in aerospace and defense and data center markets, with aerospace and defense sales representing 45% of total sales and data center computing seeing 44% year-on-year growth.
Non-GAAP EPS and Cash Flow
Non-GAAP EPS of $0.67 was a record quarterly figure, and cash flow from operations was $141.8 million, or 18.8% of sales.
Strong Bookings and Backlog
Aerospace and defense program backlog was $1.46 billion, and overall book-to-bill ratio was 1.15 for the third quarter.
Data Center Visibility and Capacity
Visibility in the data center market extends 6 to 9 months, with good capacity balance in North America and Asia Pacific.