TTM Technologies Jumps 8.5% After Earnings Beat and Record Quarter

After-the-fact Expert

TTM Technologies surged 8.5% after reporting quarterly records for net sales, adjusted EBITDA and non-GAAP earnings. Revenue reached $1.2 billion, up 60% year over year, while non-GAAP EPS of $1.46 topped the $1.28 estimate, supported by continued AI demand and defense spending. Investors also weighed raised guidance against concerns about acquisition-related debt and supply-chain pressures.  For informational and educational purposes only. Not financial advice.  #TTMI #Earnings #TechnologyStocks #AIDemand

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00:00TTM Technologies surged 8.50% today. What happened? TTM Technologies makes printed circuit boards,

00:10radio frequency components, and electronic systems used in data centers, communications

00:15equipment, and defense applications. The move came after TTM reported third-quarter results

00:23that topped expectations. In an SEC filing, the company said earnings per share were 1.46

00:30versus an estimate of 1.28. It also reported record quarterly net sales of $1.2 billion.

00:39Those results gave investors fresh evidence of stronger operating performance, with the earnings

00:46beat and record revenue providing the clearest confirmed explanation for today's reaction.

00:53Technology rose 0.49% today, so this went much further than the sector did.

01:00A new post-market recap every trading day.

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