Business Context and Reporting Period
Company: TTM Technologies, Inc.
Filing Type: Form 8-K (Current Report)
Date: August 14, 2013
Purpose: Regulation FD Disclosure regarding a slide show presentation delivered at the Canaccord Genuity Growth Conference (August 14, 2013) and the Jefferies Global Industrials Conference (August 15, 2013).
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document serves as a cover for a presentation (Exhibit 99.1) containing the data.
Non-GAAP Measures Discussed:
- Adjusted EBITDA: Defined as earnings before interest, taxes, depreciation, amortization of intangibles, stock-based compensation, asset impairments, and other infrequent items.
- Adjustments: Management adds back amortization of intangibles, stock-based compensation, non-cash interest, asset impairments, restructuring, and associated tax impacts to derive non-GAAP measures.
Material Changes
The filing does not report specific material changes in financial performance or operations. It discloses the existence of forward-looking information presented at industry conferences.
Guidance, Outlook, and Risks
Forward-Looking Statements: The report includes forward-looking statements based on current expectations. Management expressly disclaims any obligation to update these statements or release changes in expectations, events, or circumstances.
Non-GAAP Limitations: The filing notes that non-GAAP measures have no standardized measurement under GAAP and may not be comparable to other companies. They should not be considered a substitute for GAAP financial information.
Availability: The presentation slides are available on the company website (www.ttmtech.com), though the company reserves the right to discontinue availability at any time.
Investor Verification Checklist
- Review Exhibit 99.1 (the slide show presentation) for specific financial figures and guidance not included in this text.
- Verify the reconciliation of non-GAAP measures to GAAP measures in the full presentation.
- Confirm the current availability of the presentation on the company website.
- Note that the company has disclaimed any obligation to update the forward-looking statements contained in the presentation.