Photronics (PLAB) Misses Q3 EPS by 2c; Guides Q4 Revenue Below Views
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Photronics Reports Third Quarter Fiscal 2016 Results
August 18, 2016 7:44 AM EDTBROOKFIELD, CT -- (Marketwired) -- 08/18/16 -- Photronics, Inc. (NASDAQ: PLAB) -
Third quarter sales were $123.2 million, slightly higher sequentially and down 6% compared with last yearNet income was $8.1 million ($0.12 per diluted share) FPD sales increased 14% year-over-year, high-end FPD sales were up 20%Net cash improved $99 million sequentially with payment received from former joint venture partner, providing additional financial strength and flexibility to fund growthFourth quarter 2016 guidance: sales between $118 and $128 million; diluted EPS between $0.09 and $0.17... More
