TTM Technologies Q1 Profit Climbs 28%

(RTTNews) - TTM Technologies (TTMI) announced earnings for its first quarter that advanced compared to the same period last year.

The company said its bottom line rose to $13.85 million, or $0.14 per share. This was higher than $10.83 million, or $0.13 per share, in last year's first quarter.

Analysts had expected the company to earn $0.09 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 72.0% to $583.26 million. This was up from $339.16 million last year.

TTM Technologies earnings at a glance:

-Earnings (Q1): $13.85 Mln. vs. $10.83 Mln. last year. -Earnings Growth (Y-o-Y): 27.9% -EPS (Q1): $0.14 vs. $0.13 last year. -EPS Growth (Y-o-Y): 7.7% -Analysts Estimate: $0.09 -Revenue (Q1): $583.26 Mln vs. $339.16 Mln last year. -Revenue Change (Y-o-Y): 72.0%

-Guidance: Next quarter EPS guidance: $0.16 - $0.22 Next quarter revenue guidance: $580 - $620 Mln