Photronics Reports Second Quarter Fiscal 2021 Results

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Photronics (PLAB) PT Raised to $20 at Northland Capital Markets

May 26, 2021 11:17 AM EDT

Northland Capital Markets analyst Gus Richard raised the price target on Photronics (NASDAQ: PLAB) to $20.00 (from $19.00) while maintaining an Outperform rating following results.

The analyst commented, "PLAB reported $0.17 on $159.8M, in line with our estimate. Demand continues to be strong in... More

Photronics, Inc. (PLAB) Reports In-Line Q2 EPS, Revenues Beat; Offers 3Q EPS/Revenues Outlook

May 26, 2021 6:05 AM EDT

Photronics, Inc. (NASDAQ: PLAB) reported Q2 EPS of $0.17, in-line with the analyst estimate of $0.17. Revenue for the quarter came in at $159.8 million versus the consensus estimate of $158.27 million.

Revenue was a record $159.8 million, up 5% sequentially and 12% year-over-yearNet income attributable to Photronics, Inc. shareholders was $10.5 million, or $0.17 per diluted shareCash provided by operating... More