TTM Technologies (TTMI) Boosts Prelim. Q1 EPS, Revenue Outlook

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TTM Technologies, Inc. Updates Its First Quarter 2015 Guidance

April 21, 2015 9:00 AM EDT

COSTA MESA, Calif., April 21, 2015 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (Nasdaq: TTMI) ("TTM"), a major global printed circuit board ("PCB") manufacturer, today updated its first quarter 2015 guidance in conjunction with its ongoing financing activities related to its previously announced proposed acquisition of Viasystems Group, Inc. (Nasdaq: VIAS).

Based on preliminary, unaudited financial results, TTM now expects first quarter 2015 revenue to be approximately $329 million, compared to its previously announced range of $310 million to $330 million and revenue of $292 million in the first quarter of 2014. Non-GAAP net income in the... More