Benzinga | Dec 9, 2020 07:07AM EST

Photronics: Q4 Earnings Insights



Shares of Photronics (NASDAQ:PLAB) rose 1.1% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share decreased 33.33% year over year to $0.10, which missed the estimate of $0.15.

Revenue of $149,286,000 decreased by 4.46% from the same period last year, which missed the estimate of $153,870,000.

Outlook

Q1 EPS expected between $0.07 and $0.14.

Q1 revenue expected to be between $145,000,000 and $155,000,000.

Details Of The Call

Date: Dec 09, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/yseqyq9x

Technicals

Company's 52-week high was at $16.75

52-week low: $8.31

Price action over last quarter: Up 28.43%

Company Description

Photronics is a U.S.-based company that is principally engaged in manufacturing photomasks. The photomasks are photographic quartz plates that contain microscopic images of electronic circuits. They are used as a component in the manufacture of integrated circuits and flat-panel displays. The revenue from products designed for integrated circuits production accounts for the majority of total revenue, with the rest derived from products for flat-panel display production. The company's assets are located in Taiwan, Korea, and the United States. It generates revenue worldwide, including the United States, Europe, Taiwan, Korea, China, and elsewhere in Asia, with Asia contributing the majority of total revenue.