TTM Technologies Posts Q3 EPS of 79 Cents
TTMI sits 80% above its 52-week low of $54.43.
Summary
TTM reported third-quarter EPS of 79 cents, a fresh data point with no prior Q3 print in the recent record. The bar was set high: Q2 delivered record revenue of $1.0 billion, up 37% year over year, and non-GAAP EPS of 99 cents on AI data-center demand. So the 79-cent figure lands below the prior quarter's 99 cents, though the headline gives no revenue, margin, or year-ago comparison to judge the trend. The company has been in heavy expansion mode — a $1.1 billion Epiq Solutions acquisition closed September 30th, a $650 million deal for MKS's Ophir Optics was announced October 19th, and $400 million is going into PCB capacity in China and Penang. Those deals carry integration and leverage costs that will shape how this quarter reads. Full results and guidance will be the real test of whether the AI and defense demand story still holds.
At the time of this announcement, TTMI was trading at $98.05 on NASDAQ in the Technology sector, with a market capitalization of approximately $10.8B. The 52-week trading range was $54.43 to $223.83. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.