Movement Alert|TTM Technologies Rises 6.36% in Pre-Market Trading, Strong Earnings and EMS Sector Recovery Continue to Drive Rebound

Market Focus
May 26

On May 26, TTM Technologies rose 6.36% in pre-market trading, trading at $200.62/share, with trading volume of approximately $2.64 million, extending its consecutive rebound trend.

On the news front, the rally continues to be driven by the company's exceptionally strong Q1 results and a sustained recovery across the Electronic Manufacturing Services sector. TTM reported Q1 net sales growth of 30% year-over-year, marking its highest quarterly revenue on record. Non-GAAP diluted EPS surged 50% year-over-year, while a book-to-bill ratio of 1.41 signaled robust end-market demand. Additionally, Q2 guidance of $930 million to $970 million in net sales exceeded market expectations, providing continued support for the stock's upward momentum.

At the industry level, the EMS sector extended its recovery, with Fabrinet up 2.29%, Celestica up 2.21%, Jabil Circuit up 2.02%, Flex Ltd up 1.44%, and TE Connectivity up 1.04%. The stock had previously pulled back over 15% alongside the broader sector downturn and has now entered a sustained recovery phase.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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