TTM Technologies Achieves Impressive Growth in Q2 2025 Results
TTM Technologies Reports Second Quarter 2025 Busy Results
Recently, TTM Technologies, Inc. (NASDAQ: TTMI) has revealed its impressive revenue performance for the second quarter of 2025. The results signify a firm standing as a leading global manufacturer of technology solutions, particularly in mission systems and RF components. Customers are increasingly turning towards TTM due to their innovative quick-turn and advanced printed circuit boards (PCBs).
Key Highlights From Q2 2025
The company reported remarkable financial metrics for this quarter:
- Net sales reached $730.6 million, marking a substantial 21% increase compared to the previous year.
- The GAAP net income stood at $41.5 million, translating to $0.40 per diluted share.
- Tune-in for an impressive non-GAAP net income of $60.8 million, or $0.58 per diluted share, reflecting strong operational efficiency.
- Cash generated from operations was reported at $97.8 million, which constitutes 13.4% of total revenue.
- The quarter also saw record revenue generation from Aerospace and Defense and Data Center Computing markets.
Financial Overview for Q2 2025
Comparing the second quarter of 2025 against the same period in 2024 demonstrates TTM's robust growth:
Net sales surged significantly to $730.6 million from $605.1 million. The operating income grew to $61.8 million this quarter, outperforming the previous figure of $39.0 million.
Moreover, the company noted a GAAP net income of $41.5 million this quarter, a notable increase from $26.4 million last year.
Non-GAAP Performance Analysis
Drawing on non-GAAP metrics, the net income calculated sits at $60.8 million, compared to $40.2 million in Q2 2024. An adjusted EBITDA of $109.7 million, or 15.0% of sales, further confirms TTM's strong operational performance.
CEO Insights on Recent Performance
Tom Edman, CEO of TTM Technologies, commented on these outstanding results, citing that revenue and non-GAAP EPS exceeded their predicted range. Demand in the Aerospace and Defense, Medical, and Data Center Computing markets fueled this growth, with generative AI’s requirements propelling the latter two sectors significantly.
Strategic Business Outlook
Looking forward to the third quarter of 2025, TTM predicts revenues to range between $690 million to $730 million, indicating a promising trajectory. Additionally, anticipated non-GAAP net income is projected to be between $0.57 and $0.63 per diluted share.
TTM remains transparent in its outlook, noting that certain future expenses and losses may affect their GAAP financial reporting, thus reinforcing its commitment to maintaining clarity and accuracy in reporting.
Impending Events: Webcast and Conference Call
Investors and stakeholders alike can tune into an upcoming conference call and webcast on the date of this announcement, scheduled in the evening to discuss these results further and provide insights into the road ahead.
Contact Information
For more information, reach out to:
Sameer Desai,
Vice President, Corporate Development & Investor Relations
Email: sameer.desai@ttmtech.com
Phone: 714-327-3050
Frequently Asked Questions
1. What were TTM Technologies’ net sales for Q2 2025?
The company reported net sales of $730.6 million for the second quarter of 2025, reflecting a 21% year-over-year growth.
2. How does TTM Technologies' non-GAAP income compare to last year?
For Q2 2025, TTM Technologies reported a non-GAAP net income of $60.8 million compared to $40.2 million in Q2 2024.
3. What factors contributed to the company’s revenue growth?
The revenue growth was primarily driven by increased demand in Aerospace and Defense, Medical, Data Center Computing, and Networking end markets.
4. What is TTM's outlook for the third quarter of 2025?
TTM anticipates that revenue for the third quarter will fall within the range of $690 million to $730 million.
5. Where can I find more information on TTM Technologies?
For further information, you can visit TTM Technologies' official website.
About The Author
Contact Henry Turner privately here. Or send an email with ATTN: Henry Turner as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.