Photronics (NASDAQ:PLAB) Issues Earnings Results, Beats Estimates By $0.07 EPS

Photronics (NASDAQ:PLAB - Get Free Report) released its quarterly earnings data on Wednesday. The semiconductor company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.07, Zacks reports. The firm had revenue of $222.60 million during the quarter, compared to analysts' expectations of $218.00 million. Photronics had a net margin of 16.22% and a return on equity of 9.46%. Photronics's revenue was down 2.2% compared to the same quarter last year. During the same period last year, the business earned $0.60 earnings per share. Photronics updated its Q1 2025 guidance to 0.430-0.490 EPS and its Q1 guidance to $0.43-0.49 EPS.

Photronics Stock Up 10.8 %

NASDAQ PLAB traded up $2.74 on Wednesday, reaching $28.06. The stock had a trading volume of 1,772,347 shares, compared to its average volume of 486,266. The stock has a fifty day moving average price of $24.33 and a two-hundred day moving average price of $24.52. Photronics has a 12-month low of $20.25 and a 12-month high of $34.16. The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of 12.40 and a beta of 1.41.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Photronics from a "hold" rating to a "buy" rating in a research note on Saturday, September 28th.

Photronics Company Profile

Photronics, Inc, together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally. It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates.