TTM Technologies reported a record $1.2 billion in net sales for Q3 2026, a 60% increase year-over-year, driven by strong demand in Data Center & Networking and Aerospace & Defense markets. The company achieved all-time highs in GAAP net income ($84.8 million) and adjusted EBITDA ($242.3 million). TTM announced plans to acquire Ophir Optics for $650 million and other European PCB manufacturers to expand its footprint. For Q4 2026, TTM expects net sales between $1.42 billion and $1.44 billion and projects continued growth into 2027 with sales forecasted up to $6.75 billion.
Following TTM Technologies' strong Q3 2026 results and expansion plans, its stock price on Pluang is currently USD 97.00, down 5.04% as of Oct 22, 2026 17:12 WIB. The company’s market capitalization stands at $10.76 billion, reflecting investor reactions despite the recent record sales and earnings. The stock remains well below its 52-week high of $221.47, indicating significant volatility over the past year.
MKS Inc. has agreed to sell its Ophir Optics business to TTM Technologies for $650 million in an all-cash transaction, expected to close in Q2 2027. Ophir Optics specializes in high-precision infrared thermal imaging and laser optics, serving defense...
TTM Technologies announced an agreement to acquire Ophir Optics from MKS Inc. for $650 million in cash. Ophir Optics specializes in high-precision infrared thermal imaging and laser optics used in defense, security, and industrial sectors. The acquis...
