Photronics (PLAB) Releases Quarterly Earnings Results
Photronics (NASDAQ:PLAB) posted its quarterly earnings results on Monday. The company reported $0.02 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.04 by $0.02, AnalystRatings.NET reports. The company had revenue of $104.88 million for the quarter, compared to the consensus estimate of $103.31 million. During the same quarter last year, the company posted $0.08 earnings per share. Photronics’s revenue was down 1.7% compared to the same quarter last year.
Shares of Photronics (NASDAQ:PLAB) traded up 1.36% on Monday, hitting $8.92. The stock had a trading volume of 245,873 shares. Photronics has a one year low of $7.03 and a one year high of $9.75. The stock’s 50-day moving average is $8.56 and its 200-day moving average is $8.50. The company has a market cap of $550.0 million and a P/E ratio of 31.54.
Photronics, Inc (NASDAQ:PLAB), is a manufacturers of photomasks, which are precision photographic quartz plates containing microscopic images of electronic circuits.
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