Photronics Inc. (NASDAQ: PLAB) reported third-quarter earnings per share of $0.50, topping analyst expectations by $0.10, while revenue totaled $216.05 million, exceeding the $208.75 million consensus estimate.
The photomask manufacturer’s EPS surpassed the $0.40 forecast, marking a positive deviation from analyst projections. Quarterly revenue of $216.05 million also outpaced the $208.75 million estimate, reflecting stronger-than-anticipated demand.
Shares of Photronics closed at $29.32 on Friday, down 9.37% over the past three months. Over the last 12 months, the stock has gained 29.62%, though the recent decline contrasts with the broader upward trend.
According to InvestingPro, Photronics’s financial health score is categorized as "good performance," though the company recorded one negative EPS revision in the last 90 days with no positive revisions.
