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TTM Technologies (TTMI) Stock News

TTMI Nasdaq

TTM Technologies, Inc. reports developments for a technology manufacturing business that supplies mission systems, radio frequency components, RF microwave and microelectronic assemblies, and advanced interconnect products, including printed circuit boards and substrates. Company news commonly covers quarterly results, book-to-bill trends, aerospace and defense program activity, data center and networking demand, and customer awards for radar-related assemblies and electronic hardware.

Updates also include investor presentations, conference-call schedules, business outlook commentary, and board governance changes tied to the company's public-company reporting calendar.

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TTM Technologies (NASDAQ: TTMI) has completed its acquisition of Epiq Solutions in an all-cash transaction valued at $1.1 billion. The price is subject to customary closing adjustments. Epiq supplies software-defined radios, radio-frequency products and radiation-tolerant space computing solutions for signals intelligence and electronic warfare applications.

TTM expects the acquired business to immediately increase adjusted EBITDA, an adjusted earnings measure, moderately dilute non-GAAP diluted earnings per share in 2027, and increase that measure in 2028. The purchase was funded with portions of proceeds from a $300 million incremental senior secured term loan A, an $800 million incremental senior secured term loan B and previously issued 6.750% senior notes due 2034. The incremental term loans closed concurrently with the acquisition.

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TTM Technologies (TTMI) will exhibit at the electronica India 2026 trade fair in Bangalore from September 16–18, 2026, at Hall 3, Booth B11.

The company will showcase advanced interconnect solutions and integrated systems, including high-speed PCB technology for AI and hyperscale data centers, advanced interconnect and system integration, and next-generation RF and microwave technologies. TTM highlights its N+M asymmetric PCB technologies, which are designed to optimize signal integrity and power delivery on a single board for AI infrastructure and advanced electronics applications. An expert team will be on site to discuss emerging industry trends and future electronics developments.

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TTM Technologies (TTMI) has priced $500 million of 6.750% senior unsecured notes due 2034 in a private offering under the Securities Act exemptions.

The sale is expected to close on September 24, 2026, subject to customary conditions, and the notes will be guaranteed by subsidiaries that guarantee TTM’s senior secured credit facilities. TTM intends to use net proceeds, together with expected borrowings from a $300 million incremental term loan A and an $800 million incremental term loan B, to help fund the purchase price for its proposed acquisition of Epiq Solutions, for general corporate purposes including potential repayment of Revolving Credit Facility borrowings used to fund the proposed acquisition of Swiss Technology Group, and to pay related fees and expenses. If the Epiq acquisition is not completed by an Outside Date (with possible extension to May 15, 2027), TTM must redeem the notes at 100% of principal plus accrued interest.

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TTM Technologies (TTMI) plans a private offering of $500 million aggregate principal amount of senior unsecured notes due 2034, subject to market and customary conditions.

The notes will be guaranteed by subsidiaries that guarantee TTM’s senior secured credit facilities, subject to exceptions. TTM intends to use net proceeds, together with expected borrowings from a $300 million incremental senior secured term loan A and an $800 million incremental senior secured term loan B, to fund the purchase price of the proposed acquisition of Epiq Solutions, for general corporate purposes including potentially reducing Revolving Credit Facility borrowings for the proposed acquisition of Swiss Technology Group, and to pay related fees and expenses.

If the Epiq Solutions acquisition is not completed by the defined outside date, TTM must redeem the notes at 100% of principal plus accrued interest.

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TTM Technologies (NASDAQ: TTMI) agreed to acquire EPIQ Design Solutions LLC and its subsidiaries (“Epiq”) from an affiliate of Veritas Capital for a $1.1 billion purchase price. According to Veritas Capital, the definitive agreement is subject to customary regulatory conditions and is expected to close by the end of 2026.

Founded in 2009, Epiq provides specialized radio technology, including open-architecture software-defined radios and embedded computing, serving commercial, government and defense customers across SIGINT, electronic warfare, unmanned systems and space applications. Under Veritas’ ownership since 2022, Epiq expanded via acquisitions of Xiphos Systems and Cyber Radio Solutions.

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TTM Technologies (NASDAQ: TTMI) has entered a definitive agreement to acquire Epiq Design Solutions, a provider of open‑architecture, AI‑enabled software-defined radios, high‑performance RF products and radiation‑tolerant space compute solutions, for approximately $1.1 billion in cash, subject to customary closing adjustments.

According to TTM, the planned Epiq acquisition is intended to advance its vertical integration strategy in integrated electronics and expand opportunities in high‑priority defense areas including missile defense, GEO‑to‑LEO space, communications and signals intelligence, electronic warfare, and ISR. The company cites a synergy‑adjusted transaction multiple of 17.4x expected 2027 Adjusted EBITDA, with committed financing from JPMorgan, Bank of America, and Barclays, subject to customary conditions.

TTM expects the deal to be immediately accretive to Adjusted EBITDA margin and accretive to non‑GAAP diluted EPS during 2028. Net leverage is estimated at 2.3x at closing, with a target range of 1.5x–1.7x within 12–18 months, and Epiq is projected to add a high‑margin, long‑cycle business to TTM’s financial model.

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TTM Technologies (NASDAQ: TTMI) reported record second quarter 2026 results, with net sales of $1.0 billion, up 37% year over year, and GAAP net income of $83.0 million or $0.77 per diluted share. Non-GAAP net income reached an all-time quarterly high of $106.9 million, or $0.99 per diluted share, and adjusted EBITDA was $166.8 million, representing a 16.6% margin.

Cash from operations was $96.4 million (9.6% of sales) and free cash flow was $46.0 million. Total book-to-bill was 1.49; Aerospace & Defense contributed 37% of sales with program backlog above $1.7 billion, while Data Center and Networking contributed 40%, driven by continued AI demand and 91% year-on-year growth. The company guided third quarter 2026 net sales to $1.10–$1.14 billion and non-GAAP EPS to $1.21–$1.27, and now expects full year 2026 net sales of about $4.4 billion with non-GAAP EPS approaching $5.00, excluding any impact from pending European acquisitions.

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TTM Technologies (NASDAQ:TTMI) will host a conference call on Wednesday, August 5, 2026, at 4:30 p.m. ET / 1:30 p.m. PT to discuss its second quarter 2026 performance. The call, led by President & CEO Edwin Roks and EVP & CFO Dan Boehle, will be accessible via dial-in and webcast.

The webcast will be available on the company’s website and remain online for one week. According to TTM Technologies, second quarter 2026 financial results will be released after the market closes on August 5, 2026.

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TTM Technologies (NASDAQ: TTMI) will exhibit at the 2026 Farnborough International Airshow from July 20–24 at Chalet 409, showcasing advanced electronics and interconnect solutions for aerospace and defense. The company recently announced its intent to establish a more direct European presence through pending acquisitions of Swiss Technology Group AG and ILFA GmbH, subject to regulatory approval.

According to TTM Technologies, it is America’s largest domestic manufacturer of advanced printed circuit boards and mission-critical electronics, supporting more than 480 programs and over 30 munitions across radar, missile defense, electronic warfare, and next-generation aerospace platforms. With ITAR-compliant, AS9100-certified, security-cleared U.S. facilities and planned expansion in Europe, TTM Technologies positions itself as a trusted electronics manufacturing partner for U.S. and European defense customers focused on supply chain resilience and defense modernization.

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Tradr ETFs launched five new Cboe-listed 2X long single-stock ETFs on July 1, 2026, delivering 200% of the daily performance of CIEN, QNT, RMBS, TSEM and TTMI. The lineup includes first-to-market leveraged exposures on Quantinuum (QNT) and TTM Technologies (TTMI).

Tradr now offers 72 leveraged ETFs with about $10 billion in assets, targeting sophisticated investors seeking short-term, high-conviction trades, and highlights substantial leverage risks, including potential total loss if the underlying moves more than 50% adversely in a day.

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FAQ

What is the current stock price of TTM Technologies (TTMI)?

The current stock price of TTM Technologies (TTMI) is $122.8 as of September 30, 2026.

What is the market cap of TTM Technologies (TTMI)?

The market cap of TTM Technologies (TTMI) is approximately 12.9B.