Core Viewpoint - TTM Technologies, Inc. announces the retirement of Thomas Edman and John Mayer from the Board of Directors, effective May 7, 2026, following the company's annual meeting of stockholders, and introduces Daniel G. Korte and Ryan D. McCarthy as new board members to enhance the board's capabilities and support growth in the Aerospace and Defense market [1][3][4]. Board Changes - Thomas Edman, former President and CEO, and John Mayer, current Class III board member, will retire from the Board effective May 7, 2026 [1]. - Daniel G. Korte has been appointed as a Class I director to fill the vacancy created by Edman's retirement, with a term expiring at the 2028 annual meeting of stockholders [2]. - Ryan D. McCarthy has been appointed as a Class III director, succeeding John Mayer, with a term expiring at the 2027 annual meeting of stockholders [3]. Leadership Appreciation - Rex Geveden, Chair of the Board, expressed gratitude for Edman’s visionary leadership and Mayer’s contributions, particularly in PCB manufacturing [4]. - Dr. Edwin Roks, President and CEO, acknowledged Edman's 22 years of board leadership and Mayer's 26 years of service, emphasizing their impact on the company's current standing [4]. New Board Members' Background - Daniel G. Korte is a seasoned aerospace and defense executive with a history of driving revenue growth and profitability, having served as Global Vice President of Aerospace at PPG Industries and CEO of LMI Aerospace [5]. - Ryan D. McCarthy, former U.S. Army Secretary, has extensive experience in aerospace and defense, including roles at Lockheed Martin and as an Operating Partner at Capitol Meridian Partners [6][8].

Core Viewpoint - TTM Technologies, Inc. is set to discuss its fourth quarter and fiscal year 2025 performance in a conference call scheduled for February 4, 2026, highlighting its ongoing commitment to transparency and investor engagement [1][3]. Group 1: Conference Call Details - The conference call will take place on February 4, 2026, at 4:30 p.m. Eastern Time, hosted by President & CEO Edwin Roks and Executive Vice President & CFO Dan Boehle [1]. - Participants can register for the call to receive dial-in information and a unique PIN, with registration available until the start of the call [2]. - The call will also be available via a live webcast on the company's website, which will remain accessible for one week after the event [2]. Group 2: Financial Results Announcement - TTM Technologies will release its fourth quarter and fiscal year 2025 financial results after the market closes on February 4, 2026, indicating a significant upcoming event for stakeholders [3]. Group 3: Company Overview - TTM Technologies, Inc. is a leading global manufacturer of technology products, including mission systems, RF components, RF microwave/microelectronic assemblies, and advanced printed circuit boards [4]. - The company emphasizes its time-to-market capabilities, which enable customers to reduce the time required to develop and launch new products [4].

Core Viewpoint - TTM Technologies Inc. (NASDAQ:TTMI) has seen a significant stock price increase of 36.7% week-on-week, reaching an all-time high, following a price target upgrade from Truist Financial and positive financial targets announced by the company [1][2]. Group 1: Stock Performance and Upgrades - TTM Technologies' stock was upgraded by Truist Financial from $91 to $113, maintaining a "buy" recommendation [1]. - Needham also raised its price target for TTM Technologies by 33% from $79 to $105, while also keeping a "buy" recommendation [4]. Group 2: Financial Targets and Growth Expectations - The company aims to double its earnings per share and achieve annual sales growth of 15% to 20% over the next two years, following an 18% revenue growth in the last reported quarter of 2025 [2]. - For the fourth quarter of 2025, TTM Technologies targets net sales between $730 million and $770 million, with diluted earnings per share projected at $0.60 to $0.70 [5]. Group 3: Growth Drivers - The price target upgrade by Truist is based on optimism regarding TTM Technologies' growth in AI and expected margin expansion due to increased production in Penang, Malaysia [3]. - Truist also raised its 2027 EPS forecast for TTM Technologies to $4.27 from $3.80, indicating potential for further upside from AI and defense sectors [3].

Group 1 - TTM Technologies, Inc. (NASDAQ:TTMI) achieved an all-time high stock price of $96.45 during intra-day trading, closing at $93.24, which represents a 19.71% increase [2][3] - Needham & Company raised its price target for TTM Technologies from $79 to $105, indicating a 12.6% upside from the latest closing price, while maintaining a "buy" recommendation [2][3] - The price target upgrade followed the participation of TTM Technologies' President and CEO Edwin Roks and CFO Dan Boehle at the Needham Growth Conference [3] Group 2 - TTM Technologies is involved in producing technology products such as mission systems, radio frequency components, RF microwave/microelectronic assemblies, and advanced printed circuit boards [4] - For the fourth quarter of 2025, TTM Technologies aims to achieve net sales between $730 million and $770 million, with diluted earnings per share projected between $0.60 and $0.70 [4]

Core Insights - TTM Technologies, Inc. has been awarded the fifth annual TTM Chair for Community Service Award for its contributions to the Central New York community in 2025 [1][2] - The award includes a $20,000 donation to the United Way of Central New York, reflecting TTM's commitment to community service [1][5] Company Overview - TTM Technologies, Inc. is a leading global manufacturer specializing in technology products such as mission systems, RF components, RF microwave/microelectronic assemblies, and advanced printed circuit boards (PCBs) [3] - The company emphasizes time-to-market, providing design, engineering, and manufacturing services that help customers expedite product development [3] Community Engagement - The Syracuse Campus of TTM has a long-standing partnership with the United Way of Central New York, which was reinforced in 2025 through various community service initiatives [2] - Activities included donation drives, creating greeting cards for seniors, cleaning veterans' gravestones, and volunteering at local soup kitchens [2] - The TTM Chair for Community Service Award was established to honor the legacy of retired Board Chairman Robert Klatell, promoting community leadership and public service [2]

Core Insights - TTM Technologies, Inc. announced that two team members received prestigious awards from the Global Electronics Association for their contributions to the electronics manufacturing sector [1][2]. Group 1: Awards and Recognition - Meising Ho, Vice President of Commercial Technology, received the IPC ASSC Outstanding Service Award [2]. - Richard Xie, Vice President of Human Resources, Asia Pacific, was awarded the IPC AESC Outstanding Service Award [2]. - These awards recognize significant contributions to advancing industry standards and education in the electronics manufacturing sector across Asia [2]. Group 2: Company Commitment - Doug Soder, Executive Vice President and President of the Commercial Sector, expressed pride in the honorees, highlighting their dedication as a reflection of TTM's commitment to leadership and excellence in the electronics industry [3]. - The recognition of these individuals underscores TTM's ongoing commitment to shaping the future of the electronics industry [3]. Group 3: Event Information - The IPC CEMAC is an annual gathering of electronic industry professionals for knowledge-sharing and discussions on industry trends [3].

Core Insights - Baron Discovery Fund's year-to-date performance is up 10.75%, slightly trailing the Russell 2000 Growth Index's return of 11.65% [1] - In Q3 2025, the fund gained 2.85%, while the Index returned 12.19% [1] Company Overview: Mercury Systems, Inc. - Mercury Systems, Inc. has a market capitalization of $4.648 billion and specializes in components for aerospace and defense [2] - The stock experienced a one-month return of -4.61% but has increased by 132.06% over the past 52 weeks, closing at $77.44 on October 29, 2025 [2] Performance and Growth - Mercury Systems reported a revenue of $273 million in Q4 2025, reflecting a year-over-year increase of 9.9% [4] - The company has shown significant progress under CEO Bill Ballhaus since restructuring began in 2023, leading to margin expansion and benefiting from increased defense spending [3] Investment Sentiment - Mercury Systems is not among the top 30 most popular stocks among hedge funds, with 28 hedge fund portfolios holding the stock at the end of Q2 2025, up from 23 in the previous quarter [4] - While the potential for Mercury Systems as an investment is acknowledged, there is a belief that certain AI stocks may offer greater upside potential with less downside risk [4]

Core Insights - TTM Technologies, Inc. reported strong financial results for Q3 2025, with significant year-on-year growth in net sales and net income, driven by demand in various end markets, particularly Data Center Computing and Networking, influenced by generative AI [3][5][8] Financial Performance - Net sales for Q3 2025 reached $752.7 million, a 22% increase from $616.5 million in Q3 2024 [3] - GAAP operating income was $71.9 million, up from $51.0 million in the same quarter last year [3] - GAAP net income for Q3 2025 was $53.1 million, or $0.50 per diluted share, compared to $14.3 million, or $0.14 per diluted share in Q3 2024 [3] - Adjusted EBITDA was $120.9 million, representing 16.1% of net sales, slightly down from 16.3% in Q3 2024 [4] - Non-GAAP net income was $71.0 million, or $0.67 per diluted share, compared to $56.8 million, or $0.55 per diluted share in Q3 2024 [4] Market Demand and Growth Drivers - The company experienced strong demand in its Data Center Computing and Networking markets, primarily due to the requirements of generative AI [5] - Other end markets, including Medical, Industrial and Instrumentation, and Aerospace and Defense, also saw double-digit revenue growth year-on-year [5] Cash Flow and Investment - Cash flow from operations was $141.8 million, or 18.8% of revenues, allowing the company to continue its investment in facilities expansion to support projected growth [5] Future Outlook - For Q4 2025, TTM estimates net sales to be between $730 million and $770 million, with non-GAAP net income projected to be between $0.64 and $0.70 per diluted share [6]

Core Viewpoint - TTM Technologies, Inc. is set to discuss its third quarter 2025 performance in a conference call scheduled for October 29, 2025, after releasing its financial results on the same day [1][3]. Group 1: Conference Call Details - The conference call will take place at 4:30 p.m. Eastern Time/1:30 p.m. Pacific Time [1]. - Participants can register for the call to receive dial-in information and a unique PIN, with registration available up to the start of the call [2]. - The call will also be simulcast on the company's website, and the webcast will remain accessible for one week after the live event [2]. Group 2: 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 (PCBs) [4]. - The company emphasizes its time-critical, one-stop manufacturing services, which help customers shorten the time required to develop and market new products [4].

Group 1 - RTX Corporation (NYSE:RTX) is highlighted as a stock with exposure to secular growth drivers in the aerospace and defense sectors, particularly benefiting from significant defense spending initiatives [1][2] - The company supplies a range of aerospace and defense technologies, including aircraft engines, avionics, interiors, mission systems, and defense solutions for threat detection and mitigation [2] - RTX also provides aftermarket services and support for both commercial and military customers globally, indicating a comprehensive service offering in its industry [2] Group 2 - There is a comparison made between RTX and the Detroit Lions running back Jahmyr Gibbs, suggesting that RTX has two growth themes that align with current market trends [1] - The article suggests that while RTX has potential as an investment, certain AI stocks may offer greater upside potential and less downside risk, indicating a competitive landscape in investment opportunities [3]