Photronics Reports Fourth Quarter Fiscal 2019 Results
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Photronics, Inc. (PLAB) Reports In-Line Q4 EPS, Revenues Beat; Offers Q1 EPS/Revenue Guidance Above Consensus
December 11, 2019 6:03 AM ESTPhotronics, Inc. (NASDAQ: PLAB) reported Q4 EPS of $0.15, in-line with the analyst estimate of $0.15. Revenue for the quarter came in at $156.3 million versus the consensus estimate of $147.37 million.
Fourth quarter 2019 revenue increased 13% sequentially and 8% year-over-year to $156.3 million, a record overall and for both IC and FPD photomasksEffective cost control and operating leverage at the increased revenue level helped expand operating margin to 13.7%Net income attributable to... More