Shares of TTM Technologies TTMI moved lower after the company reported Q1 results.
Earnings per share increased 27.78% year over year to $0.23, which were in line with the estimate of $0.23.
Revenue of $526,432,000 decreased by 13.82% year over year, which beat the estimate of $511,080,000.
Q2 EPS expected between $0.27 and $0.33.
Q2 revenue expected between $525,000,000 and $565,000,000.
Details Of The Call
Date: Apr 28, 2021
Time: 04:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/ersvm2p6
52-week high: $15.28
52-week low: $10.08
Price action over last quarter: Up 8.97%
TTM Technologies Inc manufactures printed circuit boards. The company is based in the United States and derives roughly half of its revenue domestically. The company organises itself into two segments: printed circuit boards and electro-mechanical solutions. The printed circuit boards segment, which contributes the majority of revenue, offers a range of printed circuit boards as well as layout design and simulation and testing services. TTM Technologies' products are used in manufacturing, networking, telecommunications, computing, aerospace, and medical fields.
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