Photronics, Inc. (PLAB) Reports Q4 EPS of $0.18, Revenues Beat; Offers 1Q19 Revenue Outlook Below Consensus
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Photronics Reports Fourth Quarter Fiscal 2018 Results
December 12, 2018 6:00 AM ESTFourth quarter 2018 revenue was a record $144.7 million, up 20% year-over-year and 6% sequentially Record FPD revenue of $33.8 million on strong high-end AMOLED demand Full-year 2018 revenue was a record $535.3 million, up 19% over the previous year Net income attributable to Photronics, Inc. shareholders was $12.5 million, or $0.18 per diluted share Cash balance was $329 million, with strong operating cash flow of $43.6 million and capex of $28.2 million Returned $16.3 million to shareholders through share repurchase program First quarter 2019 guidance: revenue between $120 and $130 million with diluted EPS between $0.01 and $0.07
BROOKFIELD, Conn., Dec. 12, 2018 (GLOBE NEWSWIRE) --... More
