leadership
confidence high
sentiment positive
materiality 0.85
TTM Q2 revenue $730.6M (+21% YoY), GAAP EPS $0.40, non-GAAP EPS $0.58; CEO Edman to retire
TTM TECHNOLOGIES INC
- Q2 net sales $730.6M (+21% YoY), GAAP EPS $0.40, non-GAAP EPS $0.58 (record quarterly), above guidance.
- Q3 guidance: revenue $690-730M, non-GAAP EPS $0.57-0.63.
- Adjusted EBITDA $109.7M (15.0% of sales), cash from ops $97.8M (13.4% of revs).
- CEO Thomas Edman to retire after successor appointed; board search expected to conclude by end of 2025.
- Record quarterly revenues in Aerospace & Defense and Data Center Computing end markets.