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Analysts lowered their predictions for TTM Technologies after the company shared its third-quarter results.

ResultsRead the original at Benzinga
Good for TTMI

TTM Technologies beat third-quarter estimates and raised its full-year sales and profit forecasts. Fourth-quarter forecasts are close to estimates, and 2 analysts cut targets, but broad sales growth and higher full-year forecasts support a stronger outlook.

TTMI · TTM Technologies Inc.

AI read · Good for TTMI

The AI's read

Sales grew across all key markets, and adjusted profit margin topped 20% for the first time. Fourth-quarter forecasts are close to estimates, with profit slightly below. Two analysts lowered their price targets, but broad growth and higher full-year forecasts support a stronger outlook.

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