secwatch.observer — SEC 8-K summary
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Issuer:     TTM TECHNOLOGIES INC (TTMI)
CIK:        0001116942
Form:       8-K/A
Filed at:   2022-09-08T23:59:59+00:00
Accession:  0001193125-22-241001
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1116942/000119312522241001/0001193125-22-241001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1116942/000119312522241001/d353487d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-241001

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