TTMI Technologies (TTMI) reports a loss for Q2 after taking an impairment charge of $47M related...

|About: TTM Technologies, Inc. (TTMI)|By:, SA News Editor

TTMI Technologies (TTMI) reports a loss for Q2 after taking an impairment charge of $47M related to plant equipment. The firm booked a 9% Y/Y increase in sales to $366M, but looking forward lowers Q3 estimates to an EPS range of $0.32-$0.41 on revenue of $365M-$385M. Shares -8.5% premarket.