TTM Technologies Soars 10.54% on Q1 Earnings Surprise

Generated by AI AgentAinvest Movers Radar
Thursday, May 1, 2025 5:39 am ET1min read

TTM Technologies surged 10.54% in pre-market trading on May 1, 2025, driven by strong first-quarter earnings and revenue surprises.

TTM Technologies reported a robust first quarter, with earnings and revenue surpassing expectations. The company's earnings and revenue surprises were 28.21% and 4.30%, respectively, for the quarter ended March 2025. This performance was driven by a 14% year-over-year increase in revenue, attributed to strong demand in various sectors.

The company's adjusted earnings per share for the first quarter were $0.50, significantly beating the analyst consensus of $0.39. This strong financial performance has bolstered investor confidence, leading to a notable increase in the stock price.

TTM Technologies' strong Q1 results, including a 13.8% year-on-year increase in sales, have exceeded Wall Street's revenue expectations. The company's ability to deliver on its guidance and reaffirm its full-year outlook has further solidified its position in the market.

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