TTM Technologies (NASDAQ:TTMI) posted its quarterly earnings data on Wednesday. The technology company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.05, Briefing.com reports. The company had revenue of $739.30 million during the quarter, compared to analysts’ expectations of $724.65 million. TTM Technologies had a return on equity of 14.77% and a net margin of 2.78%. TTM Technologies’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.58 earnings per share. TTM Technologies updated its Q1 guidance to $0.22 to $0.28 EPS.
TTM Technologies (NASDAQ:TTMI) opened at $15.48 on Thursday. TTM Technologies has a 52-week low of $12.76 and a 52-week high of $19.54. The company has a current ratio of 1.65, a quick ratio of 1.21 and a debt-to-equity ratio of 1.02. The company has a market capitalization of $1,584.25, a P/E ratio of 22.76 and a beta of 1.70.
In other TTM Technologies news, Director Kenton K. Alder sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $16.07, for a total value of $48,210.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 28.40% of the company’s stock.
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About TTM Technologies
TTM Technologies, Inc is a manufacturer of printed circuit board (PCB) products and is focused on technologically advanced PCBs and electro-mechanical solutions (E-M Solutions). As of January 2, 2017, the Company operated a total of 25 specialized facilities in North America and China. The Company’s segments include PCB, E-M Solutions and Corporate.
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