Movement Alert|TTM Technologies Rises 5.43% in Pre-Market Trading, Strong Earnings and EMS Sector Rebound Continue to Drive Rally

Market Focus
May 22

On May 22, TTM Technologies rose 5.43% in pre-market trading, trading at 187.0 USD/share, with trading volume of approximately $1.40 million. The stock extended its rebound for a third consecutive session.

On the news front, the Electronic Manufacturing Services sector continued its broad-based recovery, with peers posting gains: Celestica up 1.15%, Fabrinet up 0.92%, Jabil Circuit up 0.87%, and TE Connectivity up 0.39%. TTM Technologies had previously pulled back over 15% alongside the sector before initiating the current multi-day rebound.

Fundamentally, the company reported record first-quarter net sales of approximately $846 million, representing 30% year-over-year growth, with Non-GAAP diluted EPS surging 50% year-over-year. The book-to-bill ratio reached 1.41, signaling robust demand. Additionally, second-quarter guidance of $930 million to $970 million in net sales exceeded market expectations, further supporting investor confidence in the stock's recovery trajectory.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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