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Stock Market & Financial Investment News

News Breaks
November 7, 2012
08:06 EDTVIASViasystems CEO sees Q4 demand "soft"
Viasystems CEO David M. Sindelar stated "I believe the effects of reduced demand for our company are being exaggerated by the required closure of our Huizhou, China factory and the production interruption caused by the fire in our Guangzhou, China factory. I expect a more significant fire-related impact in our fourth quarter than we experienced in our third quarter."
News For VIAS From The Last 14 Days
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April 21, 2015
09:13 EDTVIASTTM Technologies raises Q1 non-GAAP EPS view to 13c from 6c-12c
TTM Technologies (TTMI) updated its Q1 guidance in conjunction with its ongoing financing activities related to its previously announced proposed acquisition of Viasystems Group (VIAS). Based on preliminary, unaudited financial results, TTM now expects Q1 revenue to be approximately $329M compared to its previously announced range of $310M-$330M and revenue of $292M in the Q1 of FY14. Sees Q1 non-GAAP EPS 13c per diluted share, compared to its previously announced range of 6c-12c per diluted share and non-GAAP net income of 1c per diluted share in the Q1 of FY14. TTM expects adjusted EBITDA in the Q1 to be approximately $42M, compared to $29M in Q1 of FY14. TTM's first quarter 2015 results are preliminary and are therefore subject to change until completion of TTM's customary quarterly closing and review procedures. TTM expects to report actual results on April 29.

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