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TTM Technologies, Inc. Reports Third Quarter 2026 Results

Thu, 22 Oct 2026 06:00:00 -0400

SANTA ANA, Calif., Oct. 22, 2026 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ: TTMI) (“TTM”), a leading global manufacturer of technology products, including mission systems, radio frequency (“RF”) components, RF microwave/microelectronic assemblies, and technologically advanced interconnect products, including printed circuit boards (“PCB”s) and substrates, today reported results for the third quarter of 2026, which ended on September 28, 2026.

Third Quarter 2026 Highlights

Net sales were $1.2 billion, up 60% year on year, and an all-time quarterly

TTM Technologies, Inc. Reports Third Quarter 2026 Results

Thu, 22 Oct 2026 06:00:00 -0400

Third Quarter 2026 Highlights

Net sales were $1.2 billion, up 60% year on year, and an all-time quarterly

TTM Technologies, Inc. Reports Third Quarter 2026 Results

Thu, 22 Oct 2026 06:00:00 -0400

Third Quarter 2026 Highlights

Net sales were $1.2 billion, up 60% year on year, and an all-time quarterly

TTM Technologies, Inc. Reports Third Quarter 2026 Results

Thu, 22 Oct 2026 06:00:00 -0400

Third Quarter 2026 Highlights

Net sales were $1.2 billion, up 60% year on year, and an all-time quarterly

MKS to sell Ophir Optics unit to TTM Technologies for $650M; shares rise

Mon, 19 Oct 2026 08:55:04 -0400

Investing.com -- MKS Incorporated (NASDAQ:MKSI) has agreed to sell its Ophir Optics business unit to TTM Technologies Inc (NASDAQ:TTMI) for $650 million in cash, sending shares of both companies higher in premarket trading on Monday. The transaction underscores MKS’s strategy to monetize non-core assets and bolster its balance sheet while expanding TTM’s portfolio of mission-critical optical solutions.

Shares of MKS rose 6.1% prior to the opening bell following the announcement of the divestment. Meanwhile, TTM Technologies advanced 6.4% as investors welcomed the accretive addition to its defense and industrial offerings.

The $650 million

MKS to sell Ophir Optics unit to TTM Technologies for $650M; shares rise

Mon, 19 Oct 2026 08:55:04 -0400

The $650 million

MKS to sell Ophir Optics unit to TTM Technologies for $650M; shares rise

Mon, 19 Oct 2026 08:55:04 -0400

The $650 million

MKS to sell Ophir Optics unit to TTM Technologies for $650M; shares rise

Mon, 19 Oct 2026 08:55:04 -0400

The $650 million

Form 8-K MKS INC For: Oct 19

Mon, 19 Oct 2026 08:17:00 -0400

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MKS Inc. to sell Ophir Optics unit to TTM Technologies for $650M

Mon, 19 Oct 2026 08:15:57 -0400

MKS Inc. (NASDAQ: MKSI) has agreed to sell its Ophir Optics business to TTM Technologies in an all-cash transaction valued at $650 million, subject to customary closing adjustments, according to a company statement.

The purchase price represents an estimated multiple of over 18x projected fiscal year 2026 adjusted EBITDA for the Ophir Optics business. The transaction is expected to close in the second quarter of 2027, pending regulatory approvals and certain governmental consents and permits.

The Ophir Optics business supplies high-precision infrared thermal imaging and laser optics solutions to customers in defense, security, and industrial applications.

TTM Technologies is a manufacturer of technology

MKS Inc. to sell Ophir Optics unit to TTM Technologies for $650M

Mon, 19 Oct 2026 08:15:57 -0400

The Ophir Optics business supplies high-precision infrared thermal imaging and laser optics solutions to customers in defense, security, and industrial applications.

TTM Technologies is a manufacturer of technology

MKS Inc. to sell Ophir Optics unit to TTM Technologies for $650M

Mon, 19 Oct 2026 08:15:57 -0400

The Ophir Optics business supplies high-precision infrared thermal imaging and laser optics solutions to customers in defense, security, and industrial applications.

TTM Technologies is a manufacturer of technology

TTM Technologies to acquire MKS's Ophir Optics unit for $650M

Mon, 19 Oct 2026 08:15:20 -0400

TTM Technologies, Inc. (NASDAQ: TTMI) has agreed to acquire the Ophir Optics business from MKS Inc. (NASDAQ: MKSI) for approximately $650 million in an all-cash transaction, according to a company press release.

Ophir Optics is a manufacturer of infrared thermal imaging and laser optics solutions with production facilities in Israel and Romania, serving defense, security, and industrial customers. The deal does not include MKS's Ophir Instruments laser characterization business or the Ophir brand.

The transaction is valued at roughly 10.3x the expected fiscal year 2027 adjusted EBITDA of Ophir Optics, excluding synergies. TTM said the deal is expected to be immediately accretive

TTM Technologies to acquire MKS's Ophir Optics unit for $650M

Mon, 19 Oct 2026 08:15:20 -0400

The transaction is valued at roughly 10.3x the expected fiscal year 2027 adjusted EBITDA of Ophir Optics, excluding synergies. TTM said the deal is expected to be immediately accretive

TTM Technologies, Inc. Agrees to Acquire MKS Inc.’s Ophir® Optics Business, Adding Advanced Infrared Optics Capabilities