COSTA MESA, CA -- TTM Technologies reported first quarter revenue rose 7.2% year-over-year to $625.2 million.

Net sales for the quarter ended Apr. 3 were down 11.5% from the fourth quarter 2016.

 GAAP net income was $33 million, up from a loss of $7.3 million in the first quarter of 2016 and a net loss of $2 million in the fourth quarter.

Adjusted EBITDA was $95.6 million, or 15.3% of net sales, compared to adjusted EBITDA of $74.5 million, or 12.8% of net sales in 2016.

GAAP operating income 2017 was $52.6 million, compared to $18.9 million a year ago and $69.6 million seequentially.

“TTM delivered strong organic year on year growth in the first quarter of 7 percent, near the high end of our guidance, and profitability which exceeded our forecast,” said Tom Edman, CEO of TTM. “On a year over year basis, most end markets grew, with the fastest growth coming from the cellular, computing and aerospace and defense end markets. This growth, along with strong operational execution, resulted in non-GAAP EPS above the high end of our guidance. These results represent the highest revenue and EBITDA for a first quarter in the history of the company.”

TTM guided for second quarter revenue of $605 million to $645 million.

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