Photronics, Inc. (PLAB) Tops Q3 EPS by 2c, Revenues Beat; Offers 4Q EPS/Revenue Guidance Below Consensus

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Photronics Reports Third Quarter Fiscal 2020 Results

August 27, 2020 6:00 AM EDT

Third quarter 2020 revenue was $157.9 million, up 11% sequentially and 14% year-over-yearNet income attributable to Photronics, Inc. shareholders was $10.8 million, or $0.17 per diluted shareCash provided by operating activities was $16.9 million, resulting in a cash balance of $260.6 millionFourth quarter 2020 guidance: revenue between $148 and $158 million with diluted EPS between $0.12 and $0.19

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