Overview

* TTM Q2 2025 net sales rise 21% yr/yr, beating analyst expectations

* Non-GAAP EPS hits record $0.58, driven by strong end market demand

* Co acquires facility in Wisconsin, land rights in Penang

Outlook

* TTM sees Q3 2025 revenue between $690 mln and $730 mln

* Company expects Q3 2025 non-GAAP EPS between $0.57 and $0.63

Result Drivers

* STRONG END MARKET DEMAND - Revenue growth driven by demand in Aerospace and Defense, Medical, Industrial and Instrumentation, Data Center Computing, and Networking markets

* GENERATIVE AI IMPACT - Increased demand in Data Center Computing and Networking attributed to generative AI requirements

* STRATEGIC ACQUISITIONS - Acquisition of facility in Wisconsin and land rights in Penang to support regional diversification and growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Sales Beat $730.62 $668.50

mln mln (4

Analysts

)

Q2 Net $41.53

Income mln

Q2 Gross $148.11

Profit mln

Q2 $61.77

Operatin mln

g Income

Q2 $45.52

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the semiconductors peer group is "buy"

* Wall Street's median 12-month price target for TTM Technologies Inc ( TTMI ) is $45.50, about 6.6% below its July 29 closing price of $48.52

* The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)