Shares of TTM Technologies Inc (TTMI) are soaring 5.01% in Friday's intraday trading session following the release of its impressive first-quarter 2025 financial results. The printed circuit board manufacturer has significantly outperformed analyst expectations, driving investor enthusiasm.

TTM Technologies reported a robust 14% year-over-year increase in revenue, reaching $648.7 million for Q1 2025. More impressively, the company's net income surged by 208% compared to the same period last year, totaling $32.2 million. This translates to earnings per share (EPS) of $0.32, a substantial improvement from $0.10 in Q1 2024 and beating analyst estimates by 41%.

The market's positive reaction reflects investor confidence in TTM Technologies' strong performance and improved profitability. The company's profit margin expanded to 5.0% from 1.8% in the previous year, indicating enhanced operational efficiency. While the electronic industry in the US is forecasted to grow at 7.2% per annum over the next two years, TTM Technologies' revenue is projected to increase by 6.0% annually, suggesting continued solid performance ahead. However, investors should note that analysts have identified two warning signs for the company, warranting careful consideration alongside these positive results.