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TTM Technologies Reports 14% Revenue Growth

Published: 01 May 2025
 by Ryann Howard

SANTA ANA, CA – TTM Technologies reported a revenue of $648.7 million, up 14% from the same period last year.

GAAP net income rose to $32.2 million, while non-GAAP net income reached a record $52.4 million. Adjusted EBITDA was $99.5 million, or 15.3% of sales.

CEO Tom Edman credited the growth to strong demand in aerospace, defense, data center computing and networking – particularly from generative AI adoption. Operating margins also expanded, with non-GAAP margins at 10.5%, up 340 basis points year over year.

For the second quarter of 2025, the company expects revenue between $650 million and $690 million.

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