Photronics (PLAB) Warns for Q4
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Price: $27.82 +1.79%
EPS Growth %: -30.0%
Financial Fact:
Operating income: 14.82M
Today's EPS Names:
RCBC, GASS, YSG, More
EPS Growth %: -30.0%
Financial Fact:
Operating income: 14.82M
Today's EPS Names:
RCBC, GASS, YSG, More
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Photronics, Inc. (NASDAQ: PLAB) warns for Q4.
Photronics expects revenues for the fourth quarter ended October 28, 2012 will be in the range of $102 million to $103 million compared with previous guidance announced on August 15, 2012 of $114 million to $118 million. As a result of the lower revenue, Photronics expects that earnings per diluted share for the fourth fiscal quarter will be in the range of $0.03 to $0.04 compared with previous guidance in the range of $0.14 to $0.17.
The consensus is $116.25 million and $0.16, respectively.
Photronics plans to provide guidance for the first quarter of fiscal 2013 during its regularly scheduled fourth quarter and full year fiscal 2012 financial results conference call scheduled for December 5, 2012.
(Note: Shares are currently halted)
Photronics expects revenues for the fourth quarter ended October 28, 2012 will be in the range of $102 million to $103 million compared with previous guidance announced on August 15, 2012 of $114 million to $118 million. As a result of the lower revenue, Photronics expects that earnings per diluted share for the fourth fiscal quarter will be in the range of $0.03 to $0.04 compared with previous guidance in the range of $0.14 to $0.17.
The consensus is $116.25 million and $0.16, respectively.
Photronics plans to provide guidance for the first quarter of fiscal 2013 during its regularly scheduled fourth quarter and full year fiscal 2012 financial results conference call scheduled for December 5, 2012.
(Note: Shares are currently halted)
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