Photronics Fiscal Q1 Non-GAAP Earnings Rise, Revenue Declines; Fiscal Q2 Guidance Provided

MT Newswires Live
02-26

Photronics (PLAB) reported fiscal Q1 non-GAAP earnings Wednesday of $0.52 per diluted share, up from $0.48 a year earlier.

One analyst polled by FactSet expected $0.47.

Revenue for the quarter ended Feb. 2 was $212.1 million, down from $216.3 million a year earlier.

One analyst polled by FactSet expected $210.0 million.

The company expects fiscal Q2 non-GAAP EPS of $0.44 to $0.50 on revenue of $208 million to $216 million. One analyst polled by FactSet expects non-GAAP EPS of $0.52 on revenue of $225.0 million.

Shares were up 1% in premarket activity.

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