---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-134390"
form_type: "8-K"
ticker: "TTMI"
cik: "0001116942"
company_name: "TTM TECHNOLOGIES INC"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:13:16.896150+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TTM Q1 revenue $544.4M, GAAP EPS ($0.06); guides Q2 rev $530-570M; $100M buyback authorized

## Summary
- GAAP net loss $5.8M (($0.06)/shr) vs income $17.2M ($0.17) in Q1 2022.
- Non-GAAP NI $18.6M ($0.18/dil) vs $25.3M ($0.24) YoY; Adj EBITDA $58.5M (10.7% sales).
- Q2 2023 rev guidance $530M-$570M, non-GAAP EPS $0.17-$0.23.
- Board authorized $100M share repurchase through May 2025; repurchases may be open market or 10b5-1.
- Sold Shanghai BPA facility; paid $50M Term Loan B; evaluating refinancing options for TLB maturing Q3 2024.

## SEC filing metadata
- accession: 0001193125-23-134390
- form_type: 8-K
- ticker: TTMI
- cik: 0001116942
- company_name: TTM TECHNOLOGIES INC
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1116942/000119312523134390/0001193125-23-134390-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1116942/000119312523134390/d240593d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-134390
- JSON: https://secwatch.observer/filing/0001193125-23-134390.json
- Plain text: https://secwatch.observer/filing/0001193125-23-134390.txt

## Key facts
- Earnings Releases
  TTM TECHNOLOGIES INC reported first quarter fiscal 2023 results: revenue $544.4 million, net income GAAP net loss of $5.8 million, or ($0.06) per diluted share, EPS ($0.06) per diluted share. Guidance initiated.
  - Period: first quarter fiscal 2023
  - Revenue: $544.4 million
  - Net income: GAAP net loss of $5.8 million, or ($0.06) per diluted share
  - EPS: ($0.06) per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: and printed circuit boards (“PCB”), today reported results for the first quarter fiscal 2023, which ended on April 3, 2023. First Quarter 2023 Highlights • Net sales were $544.4 million • GAAP net loss of $5.8 million, or ($0.06) per diluted share • Non-GAAP net income was $18.6 million, or $0.18 per diluted share • Operating cash flow of $55.1 million; free
  evidence_url: https://www.sec.gov/Archives/edgar/data/1116942/000119312523134390/0001193125-23-134390-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
