secwatch.observer — SEC 8-K summary
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Issuer:     TTM TECHNOLOGIES INC (TTMI)
CIK:        0001116942
Form:       8-K
Filed at:   2021-07-28T23:59:59+00:00
Accession:  0001193125-21-227406
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TTM Q2 revenue beats guidance; GAAP EPS $0.26 vs $0.09 YoY; Q3 rev $530-570M
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- Q2 net sales $567.4M, above guidance high end; GAAP net income $28.3M ($0.26 diluted) vs $9.3M ($0.09) YoY.
- Non-GAAP net income $40.0M ($0.36 diluted) vs $33.0M ($0.31) YoY; Adjusted EBITDA $75.6M (13.3% sales).
- Revenue beat driven by strong automotive and data center computing growth; Q3 guidance revenue $530-570M, non-GAAP EPS $0.31-0.37.
- Cash flow from operations $56.9M (10% of sales); CEO cites strict financial discipline and divestiture of mobility business.
- Expects Q3 impact from raw material supply constraints and demand pull-forward from Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1116942/000119312521227406/0001193125-21-227406-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1116942/000119312521227406/d204849d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-227406

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer