Photronics (NASDAQ:PLAB) reported its Q2 earnings results on Wednesday, May 24, 2023 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Photronics beat estimated earnings by 22.73%, reporting an EPS of $0.54 versus an estimate of $0.44.
Revenue was up $24.80 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 8.99% drop in the share price the next day.
Here’s a look at Photronics’s past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.4 | 0.48 | 0.50 | 0.35 |
| EPS Actual | 0.4 | 0.60 | 0.51 | 0.49 |
| Revenue Estimate | 201.00M | 210.00M | 210.00M | 192.37M |
| Revenue Actual | 211.09M | 210.27M | 219.95M | 204.51M |
To track all earnings releases for Photronics visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
