TTM Technologies Q2 sales beat estimates
Overview
TTM Q2 2025 net sales rise 21% yr/yr, beating analyst expectations
Non-GAAP EPS hits record $0.58, driven by strong end market demand
Co acquires facility in Wisconsin, land rights in Penang
Outlook
TTM sees Q3 2025 revenue between $690 mln and $730 mln
Company expects Q3 2025 non-GAAP EPS between $0.57 and $0.63
Result Drivers
STRONG END MARKET DEMAND - Revenue growth driven by demand in Aerospace and Defense, Medical, Industrial and Instrumentation, Data Center Computing, and Networking markets
GENERATIVE AI IMPACT - Increased demand in Data Center Computing and Networking attributed to generative AI requirements
STRATEGIC ACQUISITIONS - Acquisition of facility in Wisconsin and land rights in Penang to support regional diversification and growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Sales | Beat | $730.62 mln | $668.50 mln (4 Analysts) |
Q2 Net Income |
| $41.53 mln |
|
Q2 Gross Profit |
| $148.11 mln |
|
Q2 Operating Income |
| $61.77 mln |
|
Q2 Pretax Profit |
| $45.52 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the semiconductors peer group is "buy"
Wall Street's median 12-month price target for TTM Technologies Inc is $45.50, about 6.6% below its July 29 closing price of $48.52
The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 10 three months ago
Press Release: ID:nGNX3BwwNQ
Related Articles
What to Expect From Microsoft Q4 FY2025 Earnings: The King of AI Monetization — A $4 Trillion Market Cap Within Reach?
TradingKey - Cloud giant Microsoft (MSFT.US) will report its fiscal fourth-quarter 2025 earnings (calendar Q2) after the U.S. market close on July 30. Wall Street is bullish, expecting strong results from Azure cloud services and AI-driven growth to propel Microsoft’s market capitalization toward
U.S. GDP, PCE, and Fed Rate Decision Preview: U.S. Stocks May Continue to Rise
TradingKey - The United States is set to release its latest GDP and PCE data on 30–31 July 2025, with the Federal Reserve’s interest rate decision expected concurrently. Market consensus anticipates that the annualized real GDP growth rate for the second quarter will turn positive
What to Expect From Meta Q2 Earnings: AI Push, Ad Strength — But Can Profitability Hold?
TradingKey - Meta Platforms (META), the parent company of Facebook, Instagram, and WhatsApp, will release its Q2 2025 earnings after the U.S. market close on Wednesday, July 30. After nine consecutive quarters of beating expectations, analysts expect another strong performance — driven by AI-powered
Japan June Inflation Commentary: Impact on the Yen Exchange Rate
TradingKey - On 18 July 2025, Japan published its June inflation data, showing the headline Consumer Price Index (CPI) rising 3.3% year-on-year, a 0.2 percentage point drop from May’s figure.
Apple FY2025 Q2 Earnings Preview: Can It Thrive in a Trade War Storm?
TradingKey - As Apple ready to release its Q2 FY2025 earnings, the tech giant stands at a crossroads, navigating a landscape shaped by robust fundamentals, escalating trade tensions, and intensifying competition. With its iconic brand and formidable cash flow, Apple remains a cornerstone of the...
