Photronics, Inc. (PLAB) Tops Q1 EPS by 2c, Revenues Beat; Offers 2Q EPS Mid-Point Guidance Above Consensus, 2Q Revenue Mid-Point Guidance Below Consensus

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Photronics Reports First Quarter Fiscal 2021 Results

February 24, 2021 6:00 AM EST

Revenue was $152.1 million, up 2% sequentially and down 5% year-over-year Net income attributable to Photronics, Inc. shareholders was $8.0 million, or $0.13 per diluted shareCash provided by operating activities was $26.3 million, capex was $17.5 million, share repurchases were $13.2 million, and ending cash balance was $278.5 millionSecond quarter 2021 guidance: revenue between $153 and $162 million with diluted EPS between $0.14 and $0.20

BROOKFIELD, Conn., Feb. 24, 2021 (GLOBE NEWSWIRE) --... More