Photronics Reports First Quarter Fiscal 2020 Results

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Photronics, Inc. (PLAB) Reports In-Line Q1 EPS, Revenues Beat; Offers Q2 EPS/Revenue Mid-Point Guidance Below Consensus

March 4, 2020 6:04 AM UTC

Photronics, Inc. (NASDAQ: PLAB) reported Q1 EPS of $0.16, in-line with the analyst estimate of $0.16. Revenue for the quarter came in at $159.7 million versus the consensus estimate of $150.5 million.

First quarter 2020 revenue of $159.7 million was a record, up 2% sequentially and 28% year-over-yearNet income attributable to Photronics, Inc. shareholders was $10.3 million, or $0.16 per diluted shareCash provided... More