SANTA ANA, Calif. (AP) _ TTM Technologies Inc. (TTMI) on Wednesday reported second-quarter earnings of $192.8 million.
On a per-share basis, the Santa Ana, California-based company said it had net income of $1.79. Earnings, adjusted for one-time gains and costs, were 31 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share.
The printed circuit board maker posted revenue of $570.3 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $530.7 million.
For the current quarter ending in October, TTM expects its per-share earnings to range from 16 cents to 22 cents.
The company said it expects revenue in the range of $470 million to $510 million for the fiscal third quarter.
TTM shares have fallen 17% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $12.43, a climb of 26% in the last 12 months.