SANTA ANA, Calif., Jan. 22, 2026 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ:TTMI) will hold a conference call on Wednesday, February 4, 2026, at 4:30 p.m. Eastern Time/1:30 p.m. Pacific Time to discuss its fourth quarter and fiscal year 2025 performance, hosted by President & CEO, Edwin Roks, and Executive Vice President & CFO, Dan Boehle. Access to the conference call will be available by clicking on the registration link TTM Technologies, Inc. Fourth Quarter 2025 Conference Call. Registering parti ...

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]

Group 1: Market Overview - US equities showed strong performance in Q3 2025, driven by easing tariff concerns, a pro-growth budget from Congress, and expectations of further rate cuts by the Federal Reserve [1] - The Loomis Sayles Small Cap Value Fund returned 6.21% in Q3 2025, underperforming the Russell 2000 Value Index, which returned 12.60% [1] Group 2: Company Focus - TTM Technologies, Inc. - TTM Technologies, Inc. (NASDAQ:TTMI) is the largest US-domiciled supplier of printed circuit boards, essential for many electronic products [3] - The company reported net sales of $752.7 million in Q3 2025, up from $616.5 million in the same period of 2024, indicating strong revenue growth [4] - TTM Technologies' stock gained 186.46% over the last 52 weeks, closing at $72.59 per share with a market capitalization of $7.501 billion on December 24, 2025 [2] - The company has improved revenue quality and margins through factory consolidation, with significant growth driven by demand from the AI servers and aerospace/defense sectors [3] Group 3: Investment Sentiment - TTM Technologies was held by 43 hedge fund portfolios at the end of Q3 2025, an increase from 40 in the previous quarter, indicating growing interest among institutional investors [4] - Despite the positive outlook for TTM Technologies, some analysts suggest that certain AI stocks may offer greater upside potential with less downside risk [4]

Core Viewpoint - The AI bull market is experiencing a resurgence, with new stocks leading the rally instead of traditional giants like NVIDIA and Microsoft [1][2]. Group 1: Alphabet Inc. - Alphabet Inc. (NASDAQ: GOOG) is positioned as a leader in the AI race, with a market cap of $3.8 trillion and significant advancements in AI technology, including the Gemini V3 upgrade and Waymo's driverless car service [3]. - Analysts from JP Morgan and Scotiabank have raised their price targets for Alphabet to $336 and $340, respectively, reflecting strong earnings performance in 2025 [3]. - Despite a recent four-day decline, GOOG shares show strong upside potential, trading above the 50-day and 200-day simple moving averages (SMAs) since July [6]. Group 2: TTM Technologies Inc. - TTM Technologies (NASDAQ: TTMI) is a key player in the AI sector, focusing on high-density printed circuit boards (PCBs) essential for AI systems, with a market cap nearing $7 billion and $2.7 billion in sales over the last year [7]. - The company reported a 22% year-over-year increase in quarterly revenue, driven by AI data center sales, and has a backlog in aerospace and defense approaching $1.5 billion [7]. - TTMI shares have surged nearly 170% year-to-date, with strong technical indicators suggesting continued upward momentum [9]. Group 3: Celestica Inc. - Celestica (NYSE: CLS) has seen significant growth due to demand for its products in AI data centers, achieving record quarterly EPS of $1.58 and revenue of $3.16 billion in Q3 2025 [10]. - The company's market cap has reached $35 billion, with annual sales projected to exceed $11 billion, and Citigroup has upgraded the stock to Buy with a price target of $375 [10]. - CLS shares are above both the 50-day and 200-day SMAs, indicating a strong uptrend, although recent momentum has shown signs of weakening [12]. Group 4: Amphenol Corp. - Amphenol (NYSE: APH) is a major supplier in the AI data center industry, providing essential components like connectors and cables, with a market cap of $173 billion [13]. - The company reported record revenue of $6.19 billion and EPS of $0.93 in Q3, surpassing analyst expectations by 12% and 17% respectively [13]. - APH shares have doubled year-to-date, with technical indicators suggesting continued strength despite recent volatility [16].

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 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].

Core Insights - TTM Technologies, Inc. has achieved Final Cybersecurity Maturity Model Certification (CMMC) Level 2, highlighting its commitment to cybersecurity and compliance with U.S. Department of Defense requirements [1][2][3] Group 1: Certification Details - CMMC Level 2 certification requires the implementation of 110 security practices aligned with NIST SP 800-171, demonstrating TTM's adherence to stringent security standards [2] - The successful appraisal enhances TTM's reputation as a trusted partner for customers, suppliers, and government entities [3] Group 2: Future Commitment - TTM Technologies will continue to invest in comprehensive cybersecurity governance for both classified and unclassified offerings, ensuring ongoing compliance as CMMC evolves [3]

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].

Core Viewpoint - TTM Technologies, Inc. has authorized a new share repurchase program with a total market value of up to $100 million, effective through May 7, 2027, following the expiration of its previous program on May 3, 2025 [1][2]. Group 1: Share Repurchase Program - The new share repurchase program allows the company to buy back its outstanding common stock, providing flexibility to enhance shareholder value [1][2]. - The program will be executed based on management's discretion, considering factors such as liquidity, cash flows, and market conditions [2]. - The repurchase may occur through various methods, including open market purchases and privately negotiated transactions, and does not obligate the company to acquire a specific amount of stock [2]. Group 2: Financial Position - The company has a solid cash flow generation and a strong balance sheet, making share repurchases a prudent use of capital [2]. - Strategic acquisitions remain a primary goal for the use of free cash flow, but the new authorization adds flexibility for shareholder value enhancement [2]. Group 3: Company Overview - TTM Technologies, Inc. is a leading global manufacturer of technology solutions, including RF components and advanced printed circuit boards [3]. - The company focuses on reducing the time required for customers to develop new products and bring them to market through its design, engineering, and manufacturing services [3].