TM Technologies' (NASDAQ:TTMI) earnings are considered high quality despite unusual items reducing profit by $41m over the last year. If these expenses don't repeat, profit is expected to improve. The company has done a great job growing EPS over the last year, but investors should consider other factors, such as potential risks, to fully understand the business.
TM Technologies (NASDAQ:TTMI) reported its second-quarter earnings on July 30, 2025, with adjusted earnings per share (EPS) of $0.58, beating the FactSet estimate of $0.52. The company's revenue for the quarter came in at $730.6 million, surpassing the FactSet estimate of $668.5 million. Despite unusual items reducing profit by $41 million over the last year, the company expects profit to improve if these expenses do not repeat.
CEO Thomas T. Edman announced his retirement plans, with the company beginning a search for his successor. The company also expects to launch a new product, the MSK5065RH, a compact, radiation-hardened switching regulator for various applications.
The company has done a great job growing EPS over the last year, with EPS increasing by 14% year-over-year. However, investors should consider other factors, such as potential risks, to fully understand the business. TTM Technologies has obtained a cybersecurity Level 2 certification, which is a positive step towards enhancing its security measures.
The company expects Q3 revenue to be in the range of $690.0 million to $730.0 million, with adjusted EPS expected to be between $0.57 and $0.63. TTM Technologies also announced that it expects to acquire a facility in Wisconsin and land rights in Malaysia, which could potentially expand its operations and revenue streams.
Overall, TTM Technologies' Q2 earnings were strong, with the company posting record revenue and EPS. However, investors should be aware of the potential risks and unusual items that could impact the company's profitability in the future.
References:
[1] https://www.marketscreener.com/news/ttm-technologies-obtains-cybersecurity-level-2-certification-ce7c5eddd881f52d
[2] https://www.marketscreener.com/news/ttm-technologies-inc-expects-q3-revenue-range-690-0m-730-0m-jul-30-2025
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