Photronics (NASDAQ:PLAB) Posts Earnings Results, Misses Expectations By $0.05 EPS

Photronics (NASDAQ:PLAB) issued its quarterly earnings results on Thursday. The semiconductor company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.05), Briefing.com reports. Photronics had a return on equity of 9.73% and a net margin of 15.14%. The business had revenue of $211.00 million for the quarter, compared to analyst estimates of $225.00 million. During the same quarter last year, the firm posted $0.51 EPS. Photronics’s revenue for the quarter was down 5.9% on a year-over-year basis. Photronics updated its Q4 2024 guidance to 0.480-0.540 EPS and its Q4 guidance to $0.48-0.54 EPS.

Photronics Stock Performance

NASDAQ:PLAB opened at $24.92 on Friday. Photronics has a fifty-two week low of $18.03 and a fifty-two week high of $34.16. The company has a 50 day simple moving average of $24.53 and a two-hundred day simple moving average of $26.87. The company has a market capitalization of $1.58 billion, a PE ratio of 11.54 and a beta of 1.38.

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.