Photronics, Inc. (NASDAQ:PLAB) is reporting third quarter financial results on Thursday 27th August 2020, before market open.
According to analysts surveyed by Thomson Reuters, PLAB is expected to report 3Q20 income of $ 0.15 per share from revenue of $ 150.90 million.
For the full year, analysts anticipate top line of $ 613.17 million, while looking forward to income of $ 0.61 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 145.00 million ~ $ 155.00 million
Click Here For More Historical Outlooks Of Photronics, Inc.
Previous Quarter Performance
Photronics, Inc. announced income for the second quarter of $ 0.10 per share, from the revenue of $ 142.77 million. The quarterly earnings declined 23.08 percent compared with the same quarter last year. The consensus estimates are income of $ 0.14 per share from $ 147.63 million in revenue. The bottom line results missed street analysts by $ 0.04 or 28.57 percent, at the same time, top line results fell short of analysts by $ 4.86 million or 3.29 percent.
Stock Performance
Shares of Photronics, Inc. traded low $ -0.11 or -0.99 percent on Wednesday, reaching $ 11.05 with volume of 459.70 thousand shares. Photronics, Inc. has traded high as $ 11.23 and has cracked $ 11.01 on the downward trend
The closing price of $ 11.05, representing a 34.30 % increase from the 52 week low of $ 8.31 and a 33.37 % decrease over the 52 week high of $ 16.75.
The company has a market capital of $ 725.13 million and is part of the Technology sector and Semiconductor Equipment & Materials industry.
Conference Call
Photronics, Inc. will be hosting a conference call at 8:30 AM eastern time on 27th August 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, (877) 377-7095 or (408) 774-4601 Toll Number in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/ktamzi9x
Photronics, Inc., together with its subsidiaries, manufactures and sells photomasks in Taiwan, Korea, the United States, Europe, and internationally. The company offers photomasks, which are high precision photographic quartz or glass plates containing microscopic images of electronic circuits for use in the manufacture of semiconductors and flat panel displays (FPDs), as well as that are used as masters to transfer circuit patterns onto semiconductor wafers and flat panel display substrates during the fabrication of integrated circuits, FPDs, and other types of electrical and optical components. It sells its products to semiconductor or FPD designers, manufacturers, and foundries, as well as to other high performance electronics manufacturers through its sales personnel and customer service representatives.
