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TTM Technologies, Inc. Prepares For the Future with the Acquisition of a Facility in Wisconsin and Land in Penang
Globenewswire· 2025-07-09 12:00
SANTA ANA, Calif., July 09, 2025 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ: TTMI), a leading global manufacturer of technology solutions including mission systems, radio frequency ("RF") components and RF microwave/microelectronic assemblies, quick-turn and technologically advanced printed circuit boards ("PCB"), today announced the acquisition of a 750,000-square-foot facility in Eau Claire, Wisconsin, as well as land rights for an additional future manufacturing site in Penang, Malaysia. Together ...
Firan Technology Group Corporation (“FTG”) Announces Second Quarter 2025 Earnings Release and Conference Call Dates
Globenewswire· 2025-07-02 21:00
TORONTO, July 02, 2025 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) (OTCQX: FTGFF) (“FTG”) will release the second quarter 2025 financial results after the market closes on Tuesday, July 8, 2025. The Corporation will host a live conference call on Wednesday, July 9, 2025, at 8:30am (Eastern) to discuss the second quarter 2025 financial results. Anyone wishing to participate in the call should dial 289-514-5100 or 1-800-717-1738, Conference ID 20585, and identify that you are calling to ...
TTM Technologies Rises 28% in a Month: Should You Buy the Stock?
ZACKS· 2025-05-30 17:21
TTM Technologies (TTMI) shares have gained 28% over the past month, significantly outperforming the broader Zacks Computer and Technology sector’s return of 8.3% and the Zacks Electronics - Miscellaneous Components industry’s growth of 10%.TTM Technologies’ most recent rally is heavily influenced by its impressive first-quarter 2025 results, driven by solid year-over-year top and bottom-line growth, and an encouraging outlook for the second quarter of 2025. Revenues climbed 14% year over year to $648.7 mill ...
Eltek Ltd. Reports 2025 First Quarter Financial Results
Prnewswire· 2025-05-20 11:00
Core Viewpoint - Eltek Ltd. reported a revenue increase of approximately 8% year-over-year for Q1 2025, driven by strong demand for its printed circuit board products, despite facing challenges with gross margins due to rising labor costs and new production equipment integration [2][4]. Financial Performance - Revenues for Q1 2025 were $12.8 million, up from $11.8 million in Q1 2024, and 18.5% higher than Q4 2024 [2][5]. - Net income for Q1 2025 was $1.0 million, or $0.15 per fully diluted share, compared to $1.7 million, or $0.27 per fully diluted share in Q1 2024 [6][9]. - Gross profit for Q1 2025 was $2.2 million, representing a gross margin of 17%, down from $3.3 million and 28% in Q1 2024 [5][6]. - Operating profit for Q1 2025 was $0.7 million, compared to $1.7 million in Q1 2024 [5][9]. - EBITDA for Q1 2025 was $1.2 million, or 9% of revenues, down from $2.1 million, or 18% of revenues in Q1 2024 [7]. Cash Position - As of March 31, 2025, cash and short-term bank deposits totaled $15.7 million, with no outstanding debt [6]. Future Outlook - The company plans to complete its accelerated investment program by mid-2026 and is preparing for the integration of new production lines [3]. - Eltek anticipates that its efforts to expand commercial sales will yield positive results throughout 2025 and beyond [4]. Company Overview - Eltek Ltd. specializes in the manufacture of technologically advanced printed circuit boards (PCBs) and serves high-end markets, including defense, aerospace, and medical industries [11]. - The company is ITAR compliant and holds AS-9100 and NADCAP Electronics certifications, indicating its commitment to quality and regulatory standards [11].
Here is Why Growth Investors Should Buy TTM (TTMI) Now
ZACKS· 2025-05-13 17:45
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Sty ...
TTM Technologies, Inc. Board of Directors Approves New $100 million Share Repurchase Program
Globenewswire· 2025-05-09 12:00
SANTA ANA, Calif., May 09, 2025 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ:TTMI) today announced that its Board of Directors authorized a new share repurchase program allowing the Company to repurchase its outstanding common stock with an aggregate market value of up to $100 million from time to time through May 7, 2027. The Company’s previous two-year repurchase program expired on May 3, 2025. “Given the company’s solid cash flow generation and strong balance sheet, we believe repurchasing shares i ...
TTM Technologies, Inc. Announces Retirement of Founder and Board Member, Kent Alder
Globenewswire· 2025-05-08 20:05
Core Insights - TTM Technologies, Inc. announces the retirement of its founder and former CEO, Kent Alder, marking a significant transition for the company [1][2] - Kent Alder founded TTM in 1998, transforming it from a small operation into a global leader in the electronics industry, emphasizing core values such as integrity and performance excellence [2] - The company honors Kent Alder's contributions through the annual "Alder Award," which recognizes outstanding internal team performance, ensuring his legacy continues [3] Company Overview - TTM Technologies, Inc. is a leading global manufacturer of technology solutions, including mission systems, RF components, RF microwave/microelectronic assemblies, and advanced printed circuit boards [4] - The company focuses on reducing time-to-market for customers through its design, engineering, and manufacturing services [4]
TTM Technologies (TTMI) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-05-08 17:00
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
TTM Technologies: Strong Q1, Strategic Tailwinds, Undervalued Today
Seeking Alpha· 2025-05-01 13:42
TTM Technologies, Inc. (NASDAQ: NASDAQ: TTMI ) makes printed circuit boards and RF components, and sells them into just about every sector with a pulse: defense, data centers, automotive, and medical devices. They’ve got plants in North America and Asia, and lately, they’ve been trying toI focus on producing objective, data-driven research, mostly about small- to mid-cap companies, as these tend to be overlooked by many investors. From time to time, though, I also look at large-cap names, just to give a ful ...
TTM Technologies(TTMI) - 2025 Q1 - Earnings Call Transcript
2025-04-30 21:32
TTM Technologies (TTMI) Q1 2025 Earnings Call April 30, 2025 04:30 PM ET Company Participants Sameer Desai - Vice President of Corporate Development & Investor RelationsThomas Edman - President & CEODaniel Boehle - Executive VP & CFORuben Roy - Managing Director - Equity ResearchMike Crawford - SMD & Head of Discovery Group Conference Call Participants William Stein - Managing Director/Senior Research Analyst - TechnologyJim Ricchiuti - Managing Director & Senior Equity Research Analyst Operator Good aftern ...