Photronics Reports Second Quarter Fiscal 2022 Results and Updates Long-Term Target Model
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Photronics (PLAB) PT Raised to $23 at Stifel
May 25, 2022 12:28 PM EDTStifel analyst Patrick Ho raised the price target on Photronics (NASDAQ: PLAB) to $23.00 (from $21.00) while maintaining a Buy rating following earnings.
The analyst commented, "On Wednesday morning, Photronics reported strong 2Q22 (April) earnings results, above expectations, and despite volatility in the marketplace, suggested... More
Photronics, Inc. (PLAB) Tops Q2 EPS by 14c, Offers Guidance
May 25, 2022 6:01 AM EDTPhotronics, Inc. (NASDAQ: PLAB) reported Q2 EPS of $0.49, $0.14 better than the analyst estimate of $0.35. Revenue for the quarter came in at $204.5 million versus the consensus estimate of $192.37 million.
GUIDANCE:
Photronics, Inc. sees Q3 2022 EPS of $0.45-$0.55, versus the consensus of... More
