TTM Technologies Earnings Rise 117% In Q3

(RTTNews) - TTM Technologies (TTMI) revealed a profit for its third quarter that rose from last year.

The company said its bottom line came in at $23.84 million, or $0.24 per share. This was higher than $11.01 million, or $0.13 per share, in last year's third quarter.

Analysts had expected the company to earn $0.17 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 88.8% to $652.01 million. This was up from $345.28 million last year.

TTM Technologies earnings at a glance:

-Earnings (Q3): $23.84 Mln. vs. $11.01 Mln. last year. -Earnings Growth (Y-o-Y): 116.5% -EPS (Q3): $0.24 vs. $0.13 last year. -EPS Growth (Y-o-Y): 84.6% -Analysts Estimate: $0.17 -Revenue (Q3): $652.01 Mln vs. $345.28 Mln last year. -Revenue Change (Y-o-Y): 88.8%

-Guidance: Next quarter EPS guidance: $0.21 - $0.27 Next quarter revenue guidance: $640 - $680 Mln