Benchmark Electronics Second Quarter 2025 Financial Results July 30, 2025 Forward-Looking 2025 Statements This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are identified as any statement that does not relate strictly to historical or current facts and may include words such as "anticipate," "believe," "intend," "plan," "project," "f ...

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].

Bollène (France), July 30, 2025 – 06 :00pm (CET) Press Release Revenue as of June 30, 2025 Egide SA rebounds (+11%) Egide Group (Euronext Growth Paris™- ISIN : FR0000072373 - Ticker : ALGID), worldwide provider of hermetic packages and connectors and heat dissipation solutions for sensitive electronic components, presents today its half-year revenue as of June 30, 2025, of €15.6M, up 1%. | Revenue (in €M) | H1 2025 | | H1 2024 | | Variation. | | Var. at Comp. | | --- | --- | --- | --- | --- | --- | --- | -- ...

The two companies are now teaming up to bring their expertise together to effectively create a one-stop-shop for anyone looking to set up an AI data center. Foxconn on Wednesday said it is taking a stake in TECO Electric & Machinery Co., as it looks to supercharge its efforts to become a key player in building artificial intelligence data centers. "The strategic partnership extends the two companies' cooperation in the fields of low-carbon smart factories and energy services, toward being a one-stop solutio ...

Electromechanics, ICT, key markets get boost in new shares exchange TECO Chairman Morris Li said, "Changing global dynamics are creating new opportunities for business and cooperation. The strategic partnership extends the two companies' cooperation in the fields of low-carbon smart factories and energy services, toward being a one-stop solution for data centers going forward. Texas-based TECO-Westinghouse, a longstanding world leader in manufacturing electric motors, has the advantages of American manufact ...

Core Insights - Foxconn and TECO have announced a strategic share exchange to enhance their AI infrastructure capabilities and compete in the global super-computing market [1][2] Group 1: Strategic Alliance - The partnership combines Foxconn's expertise in electronics manufacturing and AI server production with TECO's strengths in industrial electro-mechanical engineering and green energy innovation [2] - The companies aim to capitalize on the trend of standardization and modularization in global AI data center construction, jointly exploring business opportunities in this sector [2] Group 2: Share Exchange Details - TECO will acquire a 0.519% stake in Foxconn, while Foxconn will hold a 10% stake in TECO, with a share exchange ratio of approximately 1 to 0.305 [3] - The transaction involves TECO issuing 237,644,068 new shares to Foxconn and Foxconn issuing 72,481,441 new shares to TECO, with completion targeted for the fourth quarter of 2025, pending regulatory approvals [3] Group 3: Market Focus and Future Plans - The strategic partnership aims to provide comprehensive, vertically-integrated solutions to Tier-1 cloud service providers and hyperscalers, addressing the growing demand for AI data centers [4] - Target markets include Taiwan, Asia, the Middle East, and the US, with a focus on expanding US manufacturing and reshaping the global supply chain [4]

Group 1: Celestica (CLS) - Celestica exceeded Q2 earnings expectations, with sales of $2.89 billion, a 21% increase from $2.39 billion a year ago, surpassing estimates by 8% [3] - Q2 earnings soared 53% year-over-year to $1.39 per share, exceeding expectations of $1.24 by 12% [3] - The stock hit an all-time high of $208, spiking 16% in a single trading session, driven by high demand for communications and enterprise hardware products [2][4] - Celestica's stock has increased over 115% in 2025 and more than 135% in the last three months, outperforming broader market indexes [4] Group 2: Exelixis (EXEL) - Exelixis reported Q2 EPS of $0.75, beating expectations of $0.65 by 15%, despite a decline from $0.84 in the previous year [5] - Sales were $568.26 million, missing estimates of $578.91 million and down from $637.18 million in Q2 2024 [5][6] - The stock fell nearly 17% post-earnings, presenting a potential buy-the-dip opportunity, despite reaffirming full-year revenue guidance of $2.25-$2.35 billion [5][7] - Exelixis' stock is down 5% in 2025 but has increased over 80% in the last two years, currently trading under $40 with a forward earnings multiple of 16.6 [9]

Group 1 - Trump has reiterated the need for the Federal Reserve to lower interest rates, currently set between 4.25% and 4.50%, to reduce government borrowing costs [2] - The high-end PCB market is experiencing a supply shortage, with a projected supply-demand gap of 17% next year, prompting Eastcompeace to invest up to $1 billion in a new high-end PCB project [3] - The demand for AI computing power is driving a structural shortage in high-end PCBs, with the value of AI server PCBs significantly higher than traditional servers, leading to a surge in stock prices for companies like Eastcompeace and New Yisheng [5] Group 2 - The Hang Seng Technology Index has seen a decline of 2%, with a technical correction following a new high since 2022 [6] - Southbound capital has been actively purchasing, with approximately HKD 830 billion in inflows, indicating strong market interest [8] - The innovative drug sector is showing strength, with companies like Hengrui Medicine and WuXi AppTec experiencing significant stock price increases due to strong performance and market interest [10][12]

胜宏科技：目前公司高阶HDI、高多层板产品已取得较大规模的在手订单 智通财经7月28日电，胜宏科技(300476.SZ)披露投资者关系活动记录表，公司持续扩充高阶HDI及高多 层板等高端产品产能，包括惠州HDI设备更新及厂房四项目、泰国及越南工厂HDI、高多层扩产项目。 公司已经积累了多家稳定合作的国内外科技巨头客户，订单需求旺盛。截至目前，公司高阶HDI、高多 层板产品均已取得了较大规模的在手订单。 ...