Shares in printed circuit board maker TTM Technologies jumped 13% in after-hours trading after reporting first-quarter sales that exceeded analysts’ expectations (Nasdaq: TTMI).
Quarterly sales totaled $846 million, up 30% year-over-year, the Santa Ana-based company said. Analysts had estimated $787 million in sales.
Adjusted earnings per share were 75 cents, above estimates of 67 cents.
TTM shares were trading at $156 apiece at 4.51 p.m. in New York after closing down less than 1%. The company has a market cap of $14.3 billion.
