TTM Technologies (TTMI) announced earnings for fourth quarter that decreased from the same period last year but beat the Street estimates.
The company's earnings came in at $5.17 million, or $0.05 per share. This compares with $17.34 million, or $0.17 per share, last year.
Excluding items, TTM Technologies reported adjusted earnings of $62.81 million or $0.60 per share for the period.
Analysts on average had expected the company to earn $0.47 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 14.4% to $650.965 million from $569.039 million last year.
TTM Technologies earnings at a glance (GAAP) :
-Earnings: $5.17 Mln. vs. $17.34 Mln. last year.
-EPS: $0.05 vs. $0.17 last year.
-Revenue: $650.965 Mln vs. $569.039 Mln last year.
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