TTMI

TTM Technologies just delivered a genuine inflection: FY2025 revenue grew 30.2% to $2.91B and net income swung to $177M from a -$18.7M loss in FY2024, with operating income up 525% to $265M and diluted EPS of $1.68. The mix is improving in the right direction — Data Center Computing climbed to 24% of net sales (from 14% in 2023) as generative-AI demand builds, while Aerospace and Defense remains the anchor at 44%. Operating cash flow of $292M (+55.8%) funds an aggressive build-out: the Syracuse, NY ultra-HDI facility for national-security work begins volume production in 2H 2026, alongside new Eau Claire, WI capacity and land rights in Penang, Malaysia for China supply-chain diversification.

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