Photronics (PLAB) Q2 Earnings Miss Estimates, Revenues Fall Y/Y [Yahoo! Finance]
Photronics, Inc. (PLAB)
Last photronics, inc. earnings: 3/4 06:00 am
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investor.shareholder.com/photronics/index.cfm
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Source: Yahoo! Finance
Revenues of $217 million inched down 5% year over year and up 0.3% sequentially. The year-over-year decline was caused by the impact of the Taiwan earthquake and the Chinese New Year holiday. The earthquake also resulted in a sales decline of approximately $3 million due to production downtime and losses in inventory across the IC and FPD segments. Quarter Details Integrated Circuit revenues increased 2% sequentially but declined 4% year over year to $160.9 million. Photronics, Inc. Price, Consensus and EPS Surprise Photronics, Inc. price-consensus-eps-surprise-chart | Photronics, Inc. Quote The upside was primarily driven by the higher demand in the IC mainstream sales due to market share gains. However, High-end IC sales declined, primarily due to lower demand in the United States, which affected overall IC revenues. FPD revenues declined 10% year over year to $56.1 million. Sequentially, revenues fell 5%. Foreign exchange headwinds caused the downside in the FPD segm
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PLAB
Earnings
- 5/22/24 - Beat
PLAB
Sec Filings
- 6/28/24 - Form 3
- 6/12/24 - Form 8-K
- 6/10/24 - Form 3
- PLAB's page on the SEC website