Photronics Reports First Quarter Fiscal 2022 Results and Updates Long-Term Target Model

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Go back to Photronics Reports First Quarter Fiscal 2022 Results and Updates Long-Term Target Model

Photronics (PLAB) PT Raised to $19 at Stifel

February 24, 2022 6:39 AM EST

Stifel analyst Patrick Ho raised the price target on Photronics (NASDAQ: PLAB) to $19.00 (from $16.00) while maintaining a Hold rating.

The analyst commented, "On Wednesday, Photronics reported strong 1Q22 (Jan) earnings results and provided an update to its interim target model. In the... More

Photronics, Inc. (PLAB) Tops Q1 EPS by 7c

February 23, 2022 6:09 AM EST

Photronics, Inc. (NASDAQ: PLAB) reported Q1 EPS of $0.38, $0.07 better than the analyst estimate of $0.31. Revenue for the quarter came in at $189 million versus the consensus estimate of $183.1 million.

GUIDANCE:

Photronics, Inc. sees Q2 2022 EPS of $0.32-$0.38, versus the consensus of... More