TTM Technologies Q1 Earnings Surge Amidst Revenue Growth

TTM Technologies has reported a substantial increase in earnings per share, rising to $0.31, a significant uptick from the previous year. The company also demonstrates promising revenue growth and solid guidance for the upcoming quarter.

Date: 01-05-2025

AI Rating: 8

TTM Technologies has provided a robust earnings report for the first quarter with key highlights that point towards strong financial health and growth potential. The company recorded earnings per share (EPS) of $0.31, an impressive leap from $0.10 in the previous year. This marks a substantial growth trajectory that could positively influence investor sentiment.

The revenue growth is equally remarkable, showing a 13.8% increase, amounting to $648.67 million compared to $570.11 million last year. This growth in revenue not only indicates an expanded market presence but also reflects the company's ability to capture demand effectively, further solidifying its competitive stance.

TTM Technologies also provided optimistic guidance for the next quarter, with an expected EPS range of $0.49 to $0.55, which exceeds the current period's figures. The anticipated revenue for the next quarter is projected between $650 million and $690 million, indicative of sustained momentum. Such positive forecasts can lead to upward adjustments in stock prices as investor confidence builds around the company's future performance.

Overall, the data suggests a positive outlook for TTM Technologies, with growing earnings and robust revenue that could translate into favorable stock performance in the near term.

Stocks: TTMI