TTM files Telephonics acquisition financials; pro forma sales $2.51B

TTM TECHNOLOGIES INC

Telephonics FY2021 (Sep 30) rev $271.1M, net income $3.4M; operating loss $2.4M.
Preliminary purchase price $299.2M cash allocated to $90.8M intangibles, $53.5M goodwill.
Pro forma combined FY2022 (Jan 3) sales $2.51B, net income $57.2M; vs TTM alone $2.25B and $54.4M.
Pro forma combined Q1 Apr 4 2022 sales $637.5M, net income $16.7M; vs TTM alone $581.3M and $17.2M.
Acquisition closed June 27, 2022; this 8-K/A provides required audited Telephonics financials and pro forma data.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.