TTM Technologies Full Year 2023 Earnings: EPS Misses Expectations
TTM Technologies (NASDAQ:TTMI) Full Year 2023 Results
Key Financial Results
Revenue: US$2.23b (down 11% from FY 2022).
Net loss: US$18.7m (down by 120% from US$94.6m profit in FY 2022).
US$0.18 loss per share (down from US$0.93 profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
TTM Technologies EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.9%.
Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Electronic industry in the US.
Performance of the American Electronic industry.
The company's shares are up 6.3% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We have a graphic representation of TTM Technologies' balance sheet and an in-depth analysis of the company's financial position.
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