Why TTM Technologies, Inc. Stock Fell 22% Today

Shares of TTM Technologies (NASDAQ: TTMI) fell as much as 22.5% Thursday morning, following the quick-turn printed circuit board maker's second-quarter earnings report.

TTM's top-line sales rose 4.2% year over year to land at $627 million, while adjusted earnings increased 15% to $0.31 per share. Both figures fell short of Wall Street's consensus estimates, which called for earnings of $0.35 per share on revenue near $629 million.

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Source: Fool.com