TTM Technologies Inc (TTMI) stock is soaring 5.01% in Friday's trading session following the release of its stellar first-quarter 2025 financial results. The electronic components manufacturer reported significant improvements across key financial metrics, surpassing analyst estimates and boosting investor confidence.
According to the earnings report, TTM Technologies' revenue climbed to $648.7 million, marking a 14% increase from the same quarter last year and beating analyst expectations by 4.4%. The company's net income saw a remarkable 208% year-over-year growth, reaching $32.2 million. Earnings per share (EPS) came in at $0.32, significantly outperforming analyst estimates by 41% and showing a substantial increase from $0.10 in Q1 2024.
The impressive results have strengthened TTM Technologies' market position, with its profit margin expanding to 5.0% from 1.8% in the previous year. Looking ahead, the company's revenue is forecasted to grow at a 6.0% annual rate over the next two years, slightly below the 7.2% growth projected for the US Electronic industry. While the earnings report paints a positive picture, investors should note that analysts have identified two warning signs for TTM Technologies that warrant consideration.
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