Shares of TTM Technologies Inc (TTMI) surged 15.43% in after-hours trading on Wednesday, following the company's impressive first-quarter 2025 financial results that surpassed analyst expectations. The printed circuit board manufacturer demonstrated robust growth and provided an optimistic outlook for the upcoming quarter.
TTM Technologies reported adjusted earnings per share of $0.50 for Q1, significantly beating the analyst consensus estimate of $0.39 by 28.21%. This represents a substantial 78.57% increase compared to earnings of $0.28 per share in the same period last year. The company's quarterly sales reached $648.67 million, exceeding the analyst consensus estimate of $621.45 million by 4.38% and marking a 13.78% year-over-year increase from $570.11 million.
Adding to the positive sentiment, TTM Technologies provided a strong outlook for the second quarter of 2025. The company expects Q2 revenues to be in the range of $650 million to $690 million, signaling continued growth momentum. This upbeat forecast, combined with the better-than-expected Q1 results, likely contributed to the significant after-hours stock price surge as investors responded favorably to TTM's financial performance and future prospects.
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