TTM Technologies Earnings Advance 91% In Q2

(RTTNews) - TTM Technologies (TTMI) announced a profit for its second quarter that increased from last year.

The company said its bottom line climbed to $28.42 million, or $0.28 per share. This was higher than $14.88 million, or $0.17 per share, in last year's second quarter.

Analysts had expected the company to earn $0.18 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 35.1% to $601.85 million. This was up from $445.45 million last year.

TTM Technologies earnings at a glance:

-Earnings (Q2): $28.42 Mln. vs. $14.88 Mln. last year. -Earnings Growth (Y-o-Y): 91.0% -EPS (Q2): $0.28 vs. $0.17 last year. -EPS Growth (Y-o-Y): 64.7% -Analysts Estimate: $0.18 -Revenue (Q2): $601.85 Mln vs. $445.45 Mln last year. -Revenue Change (Y-o-Y): 35.1%

-Guidance: Next quarter EPS guidance: $0.29 - $0.35 Next quarter revenue guidance: $620 - $660 Mln