TTM Technologies Q1 Results Top Estimates; Guides Q2 In Line With View
(RTTNews) - TTM Technologies, Inc. (TTMI) reported Wednesday a net income for the first quarter of $10.47 million or $0.10 per share, compared to a net loss of $5.81 million or $0.06 per share in the prior-year quarter.
Excluding items, adjusted net income for the quarter was $0.31 per share, compared to $0.18 per share in the year-ago quarter.
Total net sales for the quarter grew to $570.11 million from $544.44 million in the same quarter last year.
On average, four analysts polled by Thomson Reuters expected the company to report earnings of $0.27 per share on revenues of $551.76 million for the quarter. Analysts' estimates typically exclude special items.
Looking ahead to the second quarter, the company projects adjusted earnings in a range of $0.32 to $0.38 per share on revenues between $560 million and $600 million. The Street is looking for earnings of $0.35 per share on revenues of $576.43 million for the quarter.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
TTM Technologies Q4 Adj. EPS Tops Estimates; Guides Q1 In Line With View
TTM Technologies Slips To Loss In Q3, But Results Top Estimates; Stock Up 9%
Canadian Dollar Drops Against Most Majors
NZ Dollar Slides Against Most Majors
Australian Dollar Falls Against Majors
Oil, Bonds Seen Pressuring European Market Sentiment
Sensex, Nifty50 Slip As Global Oil Prices Fuel Inflation Fears
