Photronics, Inc. (PLAB) Reports In-Line Q2 EPS, Revenues Beat; Offers 3Q EPS/Revenues Outlook
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Photronics Reports Second Quarter Fiscal 2021 Results
May 26, 2021 6:00 AM EDTRevenue 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 activities was $31.9 million, capex was $56.0 million, share repurchases were $10.0 million, and ending cash balance was $256.0 millionThird quarter 2021 guidance: revenue between $162 and $172 million with diluted EPS between $0.19 and $0.25
BROOKFIELD, Conn., May 26, 2021 (GLOBE NEWSWIRE) --... More
