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Technology Stocks : Semi Equipment Analysis
SOXX 306.14+0.4%4:00 PM EST

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To: Return to Sender who wrote (91787)2/21/2024 9:05:10 AM
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Photronics' Fiscal Q1 Non-GAAP Earnings, Revenue Rise; Fiscal Q2 Guidance Issued

7:17 AM ET 2/21/24 | MT Newswires

Photronics' Fiscal Q1 Non-GAAP Earnings, Revenue Rise; Fiscal Q2 Guidance Issued07:17 AM EST, 02/21/2024 (MT Newswires) -- Photronics (PLAB) reported fiscal Q1 non-GAAP earnings Wednesday of $0.48 per diluted share, up from $0.40 a year earlier.

The sole analyst polled by Capital IQ expected $0.49.

Revenue for the quarter ended Jan. 28 was $216.3 million, compared with $211.1 million a year earlier. The analyst surveyed by Capital IQ expected $220 million.

The company said it expects fiscal Q2 non-GAAP net income to range between $0.50 and $0.58 per diluted share on revenue anticipated in the range of $226 million to $236 million. The analyst polled by Capital IQ expects normalized earnings of $0.56 per share on $230 million in revenue.

Price: 30.5, Change: -0.72, Percent Change: -2.31

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