Photronics Reports First Quarter Fiscal 2019 Results
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Photronics, Inc. (PLAB) Tops Q1 EPS by 3c, Revenues Miss; Offers 2Q EPS/Revenue Mid-Point Guidance Below Consensus
February 21, 2019 6:02 AM ESTPhotronics, Inc. (NASDAQ: PLAB) reported Q1 EPS of $0.08, $0.03 better than the analyst estimate of $0.05. Revenue for the quarter came in at $124.7 million versus the consensus estimate of $125.1 million.
First quarter 2019 revenue was $124.7 million, up 1% year-over-year and down 14% sequentiallyNet income attributable to Photronics, Inc. shareholders was $5.3 million, or $0.08 per diluted shareCash balance was $232 million, with capital expenditures of $107... More