From RTT News:

TTM Technologies, Inc. reported a surge in net income for the fourth quarter, reaching $17.34 million or $0.17 per share, up from $6.02 million or $0.06 per share in the previous year’s quarter. Adjusted net income was $0.41 per share, with total net sales declining to $569.04 million from $617.16 million. Analysts had expected earnings of $0.36 per share on revenues of $572.03 million.

Looking ahead to the first quarter of fiscal 2024, the company projects adjusted earnings between $0.24 to $0.30 per share on revenues of $530 million to $570 million. The Street is looking for earnings of $0.27 per share on revenues of $555.59 million for the quarter. This news brought in questions and feedback please visit rttnews.com.



Read more: TTM Technologies Q4 Adj. EPS Tops Estimates; Guides Q1 In Line With View