TTM Technologies shares plunge after Q4 revenue guidance misses expectations
TTM Technologies reported record third‑quarter 2026 results with adjusted earnings of $1.46 per share and revenue of $1.20 billion, up about 60% year‑over‑year. The company then forecast fourth‑quarter revenue of $1.42 billion to $1.44 billion, slightly below the Wall Street consensus of $1.44 billion. The guidance shortfall triggered a sell‑off, sending the stock down roughly 27% in trading.
Why it matters
The lower‑than‑expected Q4 revenue outlook may pressure the stock as investors reassess growth expectations and the impact of the company’s recent acquisition spending. The decline also reduces the market value of TTMI by about $7.8 billion, affecting shareholders and potentially influencing analyst rating revisions.
Key facts
- 1Adjusted earnings per share for Q3 2026 were $1.46, beating the consensus of $1.26. tradingview.com
- 2Q3 2026 revenue was $1.20 billion, a 59.9% increase from the prior year. tradingview.com
- 3Long‑term debt at the end of September 2026 was $1.46 billion, up from $912.3 million a year earlier. tradingview.com
- 4The company forecast Q4 2026 revenue of $1.42 billion to $1.44 billion. ibtimes.com.au
- 5The midpoint of the Q4 revenue range ($1.43 billion) was slightly below the analyst consensus of $1.44 billion. ibtimes.com.au
- 6TTM Technologies shares fell 27.61% to $73.95 in midday trading. ibtimes.com.au
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.