From Nasdaq: 2025-05-30 12:16:00

TTM Technologies, Inc. (TTMI) shares have surged 28% in the past month, outpacing the Computer and Technology sector’s 8.3% return. The company’s strong first-quarter 2025 results, with revenues up 14% to $648.7 million and earnings beating estimates at 50 cents per share, are driving this growth. Aerospace, data center computing, and networking segments are key growth drivers for TTMI, with Aerospace and Defense contributing 47% to revenues and data center computing growing by 15% year over year in the first quarter of 2025. The company’s strong clientele, including top companies like Apple, Cisco, and Tesla, bodes well for future growth. For the second quarter of 2025, TTMI projects total revenues of $650-$690 million and non-GAAP earnings of 49-55 cents per share. The company continues to thrive on strong momentum in defense, AI infrastructure, and networking, with a Zacks Rank #1 (Strong Buy) currently.
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Read more at Nasdaq: TTM Technologies Rises 28% in a Month: Should You Buy the Stock?