Benzinga | Feb 24, 2021 07:12AM EST

Photronics: Q1 Earnings Insights



Shares of Photronics (NASDAQ:PLAB) rose 2.9% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share decreased 18.75% over the past year to $0.13, which beat the estimate of $0.11.

Revenue of $152,067,000 decreased by 4.80% year over year, which beat the estimate of $150,030,000.

Looking Ahead

Q2 EPS expected to be between $0.14 and $0.20.

Q2 revenue expected between $153,000,000 and $162,000,000.

How To Listen To The Conference Call

Date: Feb 24, 2021

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/bhvide6i

Recent Stock Performance

Company's 52-week high was at $14.14

52-week low: $8.31

Price action over last quarter: Up 19.89%

Company Profile

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 that 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.