Photronics, Inc. (PLAB) Misses Q2 EPS by 4c, Revenues Miss; Offers 3Q EPS/Revenue Mid-Point Guidance Below Consensus

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Go back to Photronics, Inc. (PLAB) Misses Q2 EPS by 4c, Revenues Miss; Offers 3Q EPS/Revenue Mid-Point Guidance Below Consensus

Photronics Reports Second Quarter Fiscal 2020 Results

May 27, 2020 6:00 AM EDT

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, resulting in a cash balance of $237.8 millionThird quarter 2020 guidance: revenue between $145 and $155 million with diluted EPS between $0.11 and $0.17

BROOKFIELD, Conn., May 27, 2020 (GLOBE NEWSWIRE) -- Photronics, Inc. (NASDAQ: PLAB), a worldwide leader... More