Photronics: Fiscal 1Q Earnings Snapshot
BROOKFIELD, Conn. (AP) _ Photronics Inc. (PLAB) on Wednesday reported fiscal first-quarter profit of $8 million.
On a per-share basis, the Brookfield, Connecticut-based company said it had profit of 13 cents.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.
The electronics imaging company posted revenue of $152.1 million in the period.
Photronics shares have risen 16% since the beginning of the year. The stock has dropped nearly 1% in the last 12 months.