Photronics Reports Second Quarter Fiscal 2020 Results
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Photronics, Inc. (PLAB) Misses Q2 EPS by 4c, Revenues Miss; Offers 3Q EPS/Revenue Mid-Point Guidance Below Consensus
May 27, 2020 6:05 AM EDTPhotronics, Inc. (NASDAQ: PLAB) reported Q2 EPS of $0.10, $0.04 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $142.8 million versus the consensus estimate of $147.63 million.
Second quarter 2020 revenue was $142.8 million, down 11% sequentially and up 9% year-over-yearNet income attributable to Photronics, Inc. shareholders was $6.3 million, or $0.10 per diluted shareCash provided by operating activities was $30.5 million,... More