TTM Technologies (NASDAQ:TTMI) reported quarterly earnings of $0.41 per share which beat the analyst consensus estimate of $0.38 by 7.89 percent. This is a 20.59 percent increase over earnings of $0.34 per share from the same period last year. The company reported quarterly sales of $617.16 million which missed the analyst consensus estimate of $658.57 million by 6.29 percent. This is a 3.18 percent increase over sales of $598.14 million the same period last year.
“Default Rates To Rise In U.S. And Europe As Weaker Growth Offsets Rate Cuts” – Fitch Ratings
https://www.fitchratings.com/research/corporate-finance/default-rates-to-rise-in-us-europe-as-weaker-growth-offsets-rate-cuts-27-12-2023#:~:text=The%20developed%2Dmarket%20European%20HY,%25%2D5.5%25%20for%20U.S.%20HY.Fit
