secwatch.observer — SEC 8-K summary
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Issuer:     TTM TECHNOLOGIES INC (TTMI)
CIK:        0001116942
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001193125-22-211262
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TTM Q2 revenue $625.6M, non-GAAP EPS $0.54, beats guidance; closes Telephonics acquisition
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- Revenue $625.6M vs $567.4M YoY (+10.3%); GAAP EPS $0.27 vs $0.26; non-GAAP EPS $0.54 vs $0.36.
- Adjusted EBITDA $96.9M vs $75.6M; operating cash flow $79.3M; free cash flow $52.9M.
- Closed Telephonics acquisition (all-cash, balance sheet); net leverage 2.2x; A&D now ~40% of revenues.
- Q3 guidance: revenue $655-695M; non-GAAP EPS $0.41-0.47, includes full quarter of Telephonics.
- Completed $100M stock buyback program; broke ground on new Malaysia PCB manufacturing plant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1116942/000119312522211262/0001193125-22-211262-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1116942/000119312522211262/d386689d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-211262

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