Photronics, Inc. (PLAB) Tops Q3 EPS by 6c

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Photronics Reports Third Quarter Fiscal 2021 Results

August 25, 2021 6:00 AM EDT

Revenue was a record $170.6 million, up 7% sequentially and 8% year-over-year Net income attributable to Photronics, Inc. shareholders was $17.1 million, or $0.28 per diluted share, and includes a gain on the sale of a fixed asset of $3.5 million, or $0.06 per diluted shareCash provided by operating activities was $54.9 million, capex was $18.8 million, share repurchases were $12.5 million, and ending cash balance was $283.2 millionFourth quarter 2021 guidance: revenue between $171 and $179 million with diluted EPS between $0.21 and $0.29... More