TTM Technologies Q4 Profit Advances 90%

(RTTNews) - TTM Technologies (TTMI) released earnings for its fourth quarter that increased compared to the same period last year.

The company said its bottom line rose to $59.84 million, or $0.58 per share. This was higher than $31.53 million, or $0.31 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.45 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.6% to $706.53 million. This was up from $668.87 million last year.

TTM Technologies earnings at a glance:

-Earnings (Q4): $59.84 Mln. vs. $31.53 Mln. last year. -Earnings Growth (Y-o-Y): 89.8% -EPS (Q4): $0.58 vs. $0.31 last year. -EPS Growth (Y-o-Y): 87.1% -Analysts Estimate: $0.45 -Revenue (Q4): $706.53 Mln vs. $668.87 Mln last year. -Revenue Change (Y-o-Y): 5.6%

-Guidance: Next quarter EPS guidance: $0.25 - $0.31 Next quarter revenue guidance: $595 - $635 Mln