TTM Technologies Inc (TTMI) saw its stock price surge 15.43% in after-hours trading on Wednesday, following the release of its impressive first-quarter 2025 financial results. The printed circuit board manufacturer significantly outperformed analyst expectations, demonstrating robust growth and improved profitability.

The company reported quarterly adjusted earnings of $0.50 per share, surpassing the analyst consensus estimate of $0.39 by 28.21%. This represents a substantial 78.57% increase from the $0.28 per share reported in the same period last year. Revenue for the quarter reached $648.67 million, beating the analyst estimate of $621.45 million by 4.38% and marking a 13.78% year-over-year growth from $570.11 million.

TTM Technologies' strong performance was further highlighted by its operating income of $50.26 million and net income of $32.178 million for the quarter. The company also provided an optimistic outlook for the second quarter, projecting revenues in the range of $650 million to $690 million and non-GAAP net income between $0.49 and $0.55 per diluted share. This positive guidance, coupled with the better-than-expected Q1 results, likely contributed to the significant after-hours stock price increase.