TTM Technologies Inc (TTMI) saw its stock surge 19.49% in the pre-market session on Thursday, following the company's impressive fourth-quarter 2024 results and upbeat guidance for the current quarter, driven by robust demand in key end markets such as Aerospace and Defense, Data Center Computing, and Networking.

The printed circuit board manufacturer reported a 14.4% year-over-year jump in revenue to $650.97 million for the December quarter, surpassing analysts' expectations of $630.21 million. The robust top-line growth was fueled by strong demand across its key end markets, particularly Aerospace and Defense, Data Center Computing, and Networking. Furthermore, TTM's non-GAAP earnings per share of $0.60 comfortably beat the consensus estimate of $0.47, reflecting improved operating margins and continued strong execution.

Looking ahead, TTM provided an optimistic outlook for the first quarter of 2025, projecting revenue in the range of $600 million to $640 million and non-GAAP earnings per share between $0.37 and $0.43. The company's CEO, Tom Edman, cited ongoing demand strength in the Aerospace and Defense, Data Center Computing, and Networking markets as key drivers for the positive guidance. Additionally, TTM's record backlog in the Aerospace and Defense segment, strategic investments in new manufacturing facilities, and efforts to improve margins and cash flow generation further bolstered confidence in the company's growth prospects.