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

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

Photronics Reports First Quarter Fiscal 2020 Results

March 4, 2020 6:00 AM EST

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 by operating activities was $30.8 million, resulting in a cash balance of $218.3 million0.9 million shares were repurchased for $11.0 millionSecond quarter 2020 guidance: revenue between $145 and $155 million with diluted EPS between $0.11 and $0.17

BROOKFIELD, Conn., March 04, 2020 (GLOBE NEWSWIRE) --... More