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TTM: 1Q Earnings Snapshot

COSTA MESA, Calif. (AP) _ TTM Technologies Inc. (TTMI) on Wednesday reported first-quarter profit of $10.1 million.

On a per-share basis, the Costa Mesa, California-based company said it had net income of 9 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 26 cents per share.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 26 cents per share.

The printed circuit board maker posted revenue of $663.6 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $639.5 million.

TTM shares have fallen 7 percent since the beginning of the year. The stock has declined 11 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TTMI at https://www.zacks.com/ap/TTMI