TTM TECHNOLOGIES (NASDAQ:TTMI) delivered second-quarter results that beat analyst expectations on both the top and bottom lines, posting non-GAAP earnings of $0.99 per share and revenue of $1.004 billion for the quarter ended June 29, 2026. The consensus had called for EPS of $0.91 and revenue of $981.3 million, putting the earnings surprise at roughly 8.5% and the revenue surprise at about 2.3%.
Earnings vs. estimates
The headline numbers came in comfortably ahead of the street:
- Non-GAAP EPS: $0.99 reported vs. $0.91 estimated, an upside of about 8.5%
- Revenue: $1.004 billion reported vs. $981.3 million estimated, an upside of about 2.3%
The quarter shows continued momentum across the company's diversified manufacturing base. TTM designs and builds mission systems, RF and microwave components, microelectronic assemblies, and printed circuit boards for customers in aerospace and defense, automotive, medical, industrial, networking, and data center computing markets.
What the release highlighted
In its earnings statement, TTM positioned itself as a leading global manufacturer of technology products, with particular emphasis on RF components and advanced interconnect products. The aerospace and defense segment serves surveillance, intelligence, and communications programs, while the commercial side of the portfolio is tied to demand from data center, networking, and industrial customers. That mix gives the company exposure to both long-cycle defense spending and shorter-cycle commercial trends.
The release did not include formal quantitative guidance. Analysts currently model third-quarter revenue near $1.1 billion, with full-year revenue expectations around $4.1 billion.
Market reaction
Shares slipped roughly 0.95% in after-hours trading despite the beat. The mild pullback comes after a mixed recent performance: the stock is up about 0.3% over the past week, but down roughly 9.3% over the past two weeks and about 9.7% over the past month. The tepid response may reflect profit-taking following a strong report, or investor caution around the commercial PCB cycle, which can be sensitive to inventory adjustments in industrial and computing end markets.
For investors looking to dig deeper into the quarter, review TTM's full earnings history. Those focused on what comes next can view the latest analyst projections.
Disclaimer: This article is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy or sell any security. Always conduct your own research and consider your risk tolerance before making investment decisions.
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TTM Technologies (NASDAQ:TTMI) Beats Q2 Estimates with Strong Earnings and Revenue
TTM TECHNOLOGIES (NASDAQ:TTMI) delivered second-quarter results that beat analyst expectations on both the top and bottom lines, posting non-GAAP earnings of $0.99 per share and revenue of $1.004 billion for the quarter ended June 29, 2026. The consensus had called for EPS of $0.91 and revenue of $981.3 million, putting the earnings surprise at roughly 8.5% and the revenue surprise at about 2.3%.
Earnings vs. estimates
The headline numbers came in comfortably ahead of the street:
The quarter shows continued momentum across the company's diversified manufacturing base. TTM designs and builds mission systems, RF and microwave components, microelectronic assemblies, and printed circuit boards for customers in aerospace and defense, automotive, medical, industrial, networking, and data center computing markets.
What the release highlighted
In its earnings statement, TTM positioned itself as a leading global manufacturer of technology products, with particular emphasis on RF components and advanced interconnect products. The aerospace and defense segment serves surveillance, intelligence, and communications programs, while the commercial side of the portfolio is tied to demand from data center, networking, and industrial customers. That mix gives the company exposure to both long-cycle defense spending and shorter-cycle commercial trends.
The release did not include formal quantitative guidance. Analysts currently model third-quarter revenue near $1.1 billion, with full-year revenue expectations around $4.1 billion.
Market reaction
Shares slipped roughly 0.95% in after-hours trading despite the beat. The mild pullback comes after a mixed recent performance: the stock is up about 0.3% over the past week, but down roughly 9.3% over the past two weeks and about 9.7% over the past month. The tepid response may reflect profit-taking following a strong report, or investor caution around the commercial PCB cycle, which can be sensitive to inventory adjustments in industrial and computing end markets.
For investors looking to dig deeper into the quarter, review TTM's full earnings history. Those focused on what comes next can view the latest analyst projections.
Disclaimer: This article is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy or sell any security. Always conduct your own research and consider your risk tolerance before making investment decisions.
Read full article here »