Every material Form 8-K TTM Technologies filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
TTM Technologies reported third-quarter 2025 net sales of $752.7 million, up 22% from $616.5 million a year earlier, and GAAP net income of $53.1 million, or $0.50 per diluted share, versus $14.3 million, or $0.14, in the prior-year quarter. The company also issued fourth-quarter 2025 guidance of $730 million to $770 million in net sales and $0.64 to $0.70 in non-GAAP earnings per diluted share, which gives shareholders a near-term outlook.
Q3 2025 net sales were $752.7 million, compared with $616.5 million in Q3 2024.
GAAP diluted EPS was $0.50 versus $0.14; non-GAAP diluted EPS was $0.67 versus $0.55, which the company called a quarterly record high.
Adjusted EBITDA was $120.9 million, or 16.1% of net sales, versus $100.6 million, or 16.3%, a year earlier.
Q4 2025 outlook: net sales of $730 million to $770 million and non-GAAP EPS of $0.64 to $0.70 per diluted share; no GAAP outlook was provided.
TTM Technologies said Edwin Roks, Ph.D., will become president and chief executive officer effective September 2, 2025, succeeding Thomas T. Edman, who is retiring after serving as CEO since 2014. Roks also fills a Class II board vacancy at the same time, and Edman will remain on the board and transition to an advisory role until January 1, 2026.
Roks, age 61, most recently served as CEO of Teledyne Technologies until April 2025.
Roks's offer includes a $1,000,000 base salary, a 125% target cash bonus, restricted stock units with about $1,275,000 grant value, and performance share units with about $2,975,000 grant value.
The board amended Edman's performance-based RSU awards so unvested units can still vest on retirement, covering 111,918, 106,329 and 149,312 units granted in 2023, 2024 and 2025.
TTM Technologies reported second-quarter 2025 net sales of $730.6 million, up 21% from a year earlier, and GAAP net income of $41.5 million, or $0.40 per diluted share, compared with $26.4 million, or $0.25, in the second quarter of 2024. The company guided third-quarter revenue to $690 million to $730 million and non-GAAP earnings to $0.57 to $0.63 per diluted share, while CEO Thomas T. Edman said he intends to retire once a successor is appointed, with the board's search expected to conclude by the end of 2025.
Q2 2025 net sales were $730.6 million, up from $605.1 million in Q2 2024; GAAP net income was $41.5 million, or $0.40 per diluted share, versus $0.25 a year earlier.
Non-GAAP net income was $60.8 million, or $0.58 per diluted share, compared with $0.39 in Q2 2024.
Q3 2025 guidance: revenue of $690 million to $730 million and non-GAAP net income of $0.57 to $0.63 per diluted share.
Thomas T. Edman will remain President and CEO until a successor is appointed and will stay on the board; the search is expected to conclude by the end of 2025.
TTM Technologies' board approved a new share repurchase program of up to $100 million, replacing a two-year program that expired on May 3, 2025. The same week, director Kenton K. Alder resigned on May 8, 2025, after reaching the mandatory retirement age of 75, and shareholders elected three Class I directors at the annual meeting.
New buyback authorizes up to $100 million of common stock through May 7, 2027, and may be executed through open market purchases or Rule 10b5-1 plans.
CFO Dan Boehle said the company views repurchases as a prudent use of capital, while acquisitions remain a primary goal for free cash flow.
Kenton K. Alder resigned as a Class II director on May 8, 2025, due to mandatory retirement age; the filing says the resignation was not due to a disagreement.
At the May 8, 2025 annual meeting, 94,269,333 shares (about 92.77% of shares outstanding) were present, and all proposals passed, including election of Wajid Ali, Thomas T. Edman and Chantel E. Lenard.
TTM Technologies reported first quarter 2025 net sales of $648.7 million, up 14% from $570.1 million a year earlier, and GAAP net income of $32.2 million, or $0.31 per diluted share, versus $10.5 million, or $0.10, in the prior-year quarter. The company also guided second quarter 2025 revenues to $650 million to $690 million and non-GAAP net income to $0.49 to $0.55 per diluted share, while operating cash flow was negative $10.7 million due to higher working capital.
Net sales of $648.7 million, up 14% from $570.1 million in Q1 2024
GAAP net income of $32.2 million, or $0.31 per diluted share, compared with $10.5 million, or $0.10, a year earlier
Non-GAAP EPS of $0.50 per diluted share; operating cash flow was negative $10.7 million
Q2 2025 guidance: revenues of $650 million to $690 million and non-GAAP EPS of $0.49 to $0.55
TTM Technologies said James P. Walsh will become Chief Operating Officer on July 1, 2025, replacing Philip Titterton, who will move to an advisory role for the foreseeable future. The filing describes this as a planned succession, and Walsh's pay package includes a $450,000 base salary.
Walsh, currently Senior Vice President of Operations (North America) & Global EHSSS, takes the COO role beginning July 1, 2025.
Titterton, the current COO, moves to an advisory position and will assist with special operations projects.
Walsh's compensation includes a $450,000 base salary, a 60% target cash bonus, restricted stock units with an approximate grant value of $292,500, and performance share units with an approximate grant value of $357,500.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every TTM Technologies filing is on SEC EDGAR ↗. 8-K briefs of other companies →