Core Insights - TTM Technologies, Inc. announced the retirement of President and CEO Thomas T. Edman, with a search for his successor underway, expected to conclude by the end of 2025 [1][2][4] - Edman has been with the company since 2004, serving as President since 2013 and CEO since 2014, leading TTM through significant growth and operational improvements [2][3] - Under Edman's leadership, TTM has strengthened its capabilities in the Aerospace and Defense market and expanded its focus on Data Center Computing and Networking, particularly in support of generative AI [2][3] Company Performance - TTM is experiencing its strongest first half of any year in terms of revenue growth and margins, supported by a solid balance sheet for future growth [3] - The company has successfully integrated multiple acquisitions and diversified its end markets, enhancing its position as a global leader in advanced electronics solutions [3] Leadership Transition - Edman will remain as President and CEO until a successor is appointed and will continue to serve as a Director and member of the Government Security Committee post-transition [1][4] - The Board of Directors expressed gratitude for Edman's visionary leadership and commitment, noting his impact on the company's strategic direction [4]

Core Insights - TTM Technologies, Inc. reported strong financial results for the second quarter of 2025, with significant year-on-year growth in net sales and net income [2][3][4]. Financial Performance - Net sales for Q2 2025 were $730.6 million, a 21% increase from $605.1 million in Q2 2024 [2][8]. - GAAP operating income rose to $61.8 million in Q2 2025 from $39.0 million in Q2 2024 [2]. - GAAP net income for Q2 2025 was $41.5 million, or $0.40 per diluted share, compared to $26.4 million, or $0.25 per diluted share, in Q2 2024 [3][8]. - Non-GAAP net income for Q2 2025 was $60.8 million, or $0.58 per diluted share, up from $40.2 million, or $0.39 per diluted share, in Q2 2024 [4][22]. - Adjusted EBITDA for Q2 2025 was $109.7 million, representing 15.0% of sales, compared to $84.6 million, or 14.0% of sales, in Q2 2024 [4][22]. Market Demand and Growth Drivers - The revenue growth was attributed to strong demand in Aerospace and Defense, Medical, Industrial and Instrumentation, Data Center Computing, and Networking markets, with particular growth in Data Center Computing driven by generative AI requirements [5]. - Non-GAAP operating margins improved to 11.1%, an increase of 210 basis points year-on-year, marking the fourth consecutive quarter of double-digit margins [5]. Business Outlook - For Q3 2025, TTM estimates revenues to be between $690 million and $730 million, with non-GAAP net income projected to be between $0.57 and $0.63 per diluted share [6]. Operational Developments - The company announced the acquisition of a facility in Wisconsin and land rights in Penang to support regional diversification of PCB supply chains and future growth [5]. Segment Performance - Segment sales for Aerospace and Defense reached $327.6 million, up from $274.5 million in Q2 2024, while Commercial segment sales increased to $395.6 million from $323.3 million [21]. - The Aerospace and Defense segment accounted for 45% of total sales, while Data Center Computing also represented 21% [20]. Cash Flow and Financial Health - Cash flow from operations was reported at $97.8 million, or 13.4% of revenues, indicating strong operational efficiency [5][8]. - Total assets as of June 30, 2025, were $3.58 billion, with total stockholders' equity at $1.64 billion [19].

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive has bureaus and studios in key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2][3] Group 2 - The company is a forward-looking technology adopter, utilizing various technologies to enhance workflows [4] - Proactive employs automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

[ Music ] MOLLY WOOD: Welcome to WorkLab, the podcast from Microsoft. I'm your host, Molly Wood. On WorkLab, we hear from experts about the future of work, from how to use AI effectively to what it will take to stay ahead in business.CASSIE KOZYRKOV: What we've been measuring this entire time is the most repetitive, the most digitized, and the least creative aspects of work. That's what we know how to measure, because they're easy to measure. How do you define creativity so you can measure it.That's hard. M ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

About this content About Jamie Ashcroft Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background - a first-class degree in Business and Economics and qualifications in software design and development. As one of the early external hires at Proactive in 20 ...

CGI (GIB) Q3 2025 Earnings Call July 30, 2025 09:00 AM ET Company ParticipantsKevin Linder - SVP - IRSteve Perron - Executive VP & CFOFrançois Boulanger - President, CEO & DirectorDivya Goyal - Director - Equity Research - Technology, Software & ServicesThanos Moschopoulos - Managing Director - Equity ResearchSuthan Sukumar - Managing DirectorConference Call ParticipantsSurinder Thind - Equity Research AnalystJérome Dubreuil - VP & Research Analyst - Telecom, Media & TechnologyRichard Tse - Managing Directo ...

New Photoshop Features - Adobe introduces "harmonize," a photo compositing feature that blends photos naturally by analyzing background, tone, depth, and color [2] - Updated object removal tool in Photoshop offers more consistent results and clean backgrounds when removing objects without AI replacement [3][4] - Generative AI image upscaling tool can add approximately 8 megapixels to low-quality images, enhancing their quality for online platforms or restoration [5] Industry Implications - The new tools democratize photo editing, enabling anyone to create realistic photo manipulations, raising concerns about potential misuse [1][6] - The features are currently in beta and will eventually be available on the main Photoshop app and iOS mobile devices [5]

CGI (GIB) Q3 2025 Earnings Call July 30, 2025 09:00 AM ET Speaker0Good morning, ladies and gentlemen. Welcome to CGI's Third Quarter Fiscal twenty twenty five Conference Call. I would now like to turn the meeting over to Mr. Kevin Linder, SVP of Investor Relations. Go ahead, Mr.Linder.Speaker1Thank you, Joelle, and good morning. With me to discuss CGI's third quarter fiscal twenty twenty five results are Francois Belanger, our President and CEO and Steve Perron, Executive Vice President and CFO. This call i ...

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive has bureaus and studios in key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Group 2 - The company is focused on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4] - Automation and software tools, including generative AI, are used, but all content is edited and authored by humans [5]