OUR NON-GAAP FINANCIAL MEASURES


Associated tags: GAAP, Bank statement, TTM, Disclosure

FormFactor, Inc. Reports 2023 Fourth Quarter And Fiscal 2023 Results

Retrieved on: 
Wednesday, February 7, 2024

Gross margin for the fourth quarter of 2023 was 40.4%, compared with 40.4% in the third quarter of 2023, and 27.2% in the fourth quarter of 2022.

Key Points: 
  • Gross margin for the fourth quarter of 2023 was 40.4%, compared with 40.4% in the third quarter of 2023, and 27.2% in the fourth quarter of 2022.
  • On a non-GAAP basis, net income for the fourth quarter of fiscal 2023 was $15.7 million, or $0.20 per fully-diluted share, compared to net income for the third quarter of fiscal 2023 of $17.3 million, or $0.22 per fully-diluted share, and net income for the fourth quarter of fiscal 2022 of $4.1 million, or $0.05 per fully-diluted share.
  • GAAP net cash provided by operating activities for the fourth quarter of fiscal 2023 was $9.3 million, compared to $20.6 million for the third quarter of fiscal 2023, and $20.7 million for the fourth quarter of fiscal 2022.
  • Free cash flow for the fourth quarter of fiscal 2023 was negative $0.3 million, compared to free cash flow for the third quarter of fiscal 2023 of $16.9 million, and free cash flow for the fourth quarter of 2022 of negative $5.4 million.

TTM Technologies, Inc. Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 7, 2024

GAAP net income for the fourth quarter of 2023 was $17.3 million, or $0.17 per diluted share, compared to GAAP net income of $6.0 million, or $0.06 per diluted share in the fourth quarter of 2022.

Key Points: 
  • GAAP net income for the fourth quarter of 2023 was $17.3 million, or $0.17 per diluted share, compared to GAAP net income of $6.0 million, or $0.06 per diluted share in the fourth quarter of 2022.
  • On a non-GAAP basis, net income for the fourth quarter of 2023 was $43.0 million, or $0.41 per diluted share.
  • This compares to non-GAAP net income of $42.7 million, or $0.41 per diluted share, for the fourth quarter of 2022.
  • Adjusted EBITDA in the fourth quarter of 2023 was $80.9 million, or 14.2% of sales compared to adjusted EBITDA of $81.6 million, or 13.2% of sales for the fourth quarter of 2022.

FormFactor, Inc. Reports 2023 Third Quarter Results

Retrieved on: 
Wednesday, November 1, 2023

LIVERMORE, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the third quarter of fiscal 2023 ended September 30, 2023.

Key Points: 
  • LIVERMORE, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the third quarter of fiscal 2023 ended September 30, 2023.
  • Gross margin for the third quarter of fiscal 2023 was 40.4%, compared with 38.7% in the second quarter of fiscal 2023, and 34.4% in the third quarter of fiscal 2022.
  • On a non-GAAP basis, gross margin for the third quarter of fiscal 2023 was 41.8%, compared with 40.6% in the second quarter of fiscal 2023, and 39.0% in the third quarter of fiscal 2022.
  • GAAP net cash provided by operating activities for the third quarter of fiscal 2023 was $20.6 million, compared to $22.5 million for the second quarter of fiscal 2023, and $24.2 million for the third quarter of fiscal 2022.

TTM Technologies, Inc. Reports Fiscal Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023

On a non-GAAP basis, net income for the third quarter of 2023 was $44.9 million, or $0.43 per diluted share.

Key Points: 
  • On a non-GAAP basis, net income for the third quarter of 2023 was $44.9 million, or $0.43 per diluted share.
  • 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).
  • Access to the conference call is available by clicking on the registration link TTM Technologies, Inc. third quarter fiscal year 2023 conference call .
  • The replay of the webcast will remain accessible for one week following the live event on TTM’s website at TTM Technologies, Inc. third quarter fiscal year 2023 webcast .

FormFactor, Inc. Reports 2023 Second Quarter Results

Retrieved on: 
Wednesday, August 2, 2023

Gross margin for the second quarter of fiscal 2023 was 38.7%, compared with 36.5% in the first quarter of fiscal 2023, and 46.3% in the second quarter of fiscal 2022.

Key Points: 
  • Gross margin for the second quarter of fiscal 2023 was 38.7%, compared with 36.5% in the first quarter of fiscal 2023, and 46.3% in the second quarter of fiscal 2022.
  • On a non-GAAP basis, gross margin for the second quarter of fiscal 2023 was 40.6%, compared with 38.4% in the first quarter of fiscal 2023, and 47.4% in the second quarter of fiscal 2022.
  • GAAP net cash provided by operating activities for the second quarter of fiscal 2023 was $22.5 million, compared to $12.3 million for the first quarter of fiscal 2023, and $42.6 million for the second quarter of fiscal 2022.
  • Free cash flow for the second quarter of fiscal 2023 was $2.1 million, compared to free cash flow for the first quarter of fiscal 2023 of negative $7.3 million, and free cash flow for the second quarter of 2022 of $28.3 million.

TTM Technologies, Inc. Reports Fiscal Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 2, 2023

GAAP operating income for the second quarter of 2023 was $21.4 million, compared to GAAP operating income of $37.2 million in the second quarter of 2022.

Key Points: 
  • GAAP operating income for the second quarter of 2023 was $21.4 million, compared to GAAP operating income of $37.2 million in the second quarter of 2022.
  • GAAP net income for the second quarter of 2023 was $6.8 million, or $0.07 per diluted share, compared to GAAP net income of $27.8 million, or $0.27 per diluted share in the second quarter of 2022.
  • TTM will host a conference call and webcast to discuss second quarter 2023 results and the third quarter 2023 outlook on Wednesday, August 2nd, 2023, at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time).
  • The conference call also will be webcast on TTM’s website at TTM Technologies, Inc. second quarter fiscal year 2023 webcast .

FormFactor, Inc. Reports 2023 First Quarter Results

Retrieved on: 
Wednesday, May 3, 2023

LIVERMORE, Calif., May 03, 2023 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the first quarter of fiscal 2023 ended April 1, 2023.

Key Points: 
  • LIVERMORE, Calif., May 03, 2023 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the first quarter of fiscal 2023 ended April 1, 2023.
  • Gross margin for the first quarter of fiscal 2023 was 36.5%, compared with 27.2% in the fourth quarter of fiscal 2022, and 47.8% in the first quarter of fiscal 2022.
  • On a non-GAAP basis, gross margin for the first quarter of fiscal 2023 was 38.4%, compared with 31.7% in the fourth quarter of fiscal 2022, and 49.0% in the first quarter of fiscal 2022.
  • GAAP net cash provided by operating activities for the first quarter of fiscal 2023 was $12.3 million, compared to $20.7 million for the fourth quarter of fiscal 2022, and $44.2 million for the first quarter of fiscal 2022.

TTM Technologies, Inc. Reports Fiscal First Quarter 2023 Results

Retrieved on: 
Wednesday, May 3, 2023

TTM will host a conference call and webcast to discuss first quarter and 2023 results and the second quarter 2023 outlook on Wednesday, May 3rd, 2023 at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time).

Key Points: 
  • TTM will host a conference call and webcast to discuss first quarter and 2023 results and the second quarter 2023 outlook on Wednesday, May 3rd, 2023 at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time).
  • Access to the conference call is available by clicking on the registration link TTM Technologies, Inc. first quarter fiscal year 2023 conference call .
  • The conference call also will be webcast on TTM’s website at TTM Technologies, Inc. first quarter fiscal year 2023 webcast.
  • The replay of the webcast will remain accessible for one week following the live event on TTM’s website at TTM Technologies, Inc. first quarter fiscal year 2023 webcast.

FormFactor, Inc. Reports 2022 Fourth Quarter Results

Retrieved on: 
Wednesday, February 8, 2023

Gross margin for the fourth quarter of 2022 was 27.2%, compared with 34.4% in the third quarter of 2022, and 43.7% in the fourth quarter of 2021.

Key Points: 
  • Gross margin for the fourth quarter of 2022 was 27.2%, compared with 34.4% in the third quarter of 2022, and 43.7% in the fourth quarter of 2021.
  • On a non-GAAP basis, gross margin for the fourth quarter of 2022 was 31.7%, compared with 39.0% in the third quarter of 2022, and 44.3% in the fourth quarter of 2021.
  • GAAP net cash provided by operating activities for the fourth quarter of fiscal 2022 was $20.7 million, compared to $24.2 million for the third quarter of fiscal 2022, and $38.9 million for the fourth quarter of fiscal 2021.
  • Free cash flow for the fourth quarter of fiscal 2022 was negative $5.4 million, compared to free cash flow for the third quarter of fiscal 2022 of $15.5 million, and free cash flow for the fourth quarter of 2021 of $23.9 million.

TTM Technologies, Inc. Reports Fiscal Fourth Quarter and 2022 Results

Retrieved on: 
Wednesday, February 8, 2023

GAAP net income for the fourth quarter of 2022 was $6.0 million, or $0.06 per diluted share, compared to GAAP net income of $8.4 million, or $0.08 per diluted share in the fourth quarter of 2021.

Key Points: 
  • GAAP net income for the fourth quarter of 2022 was $6.0 million, or $0.06 per diluted share, compared to GAAP net income of $8.4 million, or $0.08 per diluted share in the fourth quarter of 2021.
  • Our fourth quarter 2022 results include a tax reserve of $51.7 million to establish a valuation allowance for certain U.S. deferred tax items.
  • On a non-GAAP basis, net income for the fourth quarter of 2022 was $42.7 million, or $0.41 per diluted share.
  • Access to the conference call is available by clicking on the registration link TTM Technologies, Inc. fourth quarter fiscal year 2022 conference call .