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Photronics Inc. reports strong fiscal year earnings, projecting continued growth for Q1.
Photronics Inc., a photomask manufacturer, reported a fiscal Q4 profit of $33.9 million, or $0.54 per share, with revenue at $222.6 million.
For the full year, the company earned $130.7 million, or $2.09 per share, on $866.9 million in revenue.
Photronics projects Q1 earnings of $0.43 to $0.49 per share and revenue between $208 million and $216 million.
The company also saw a stock upgrade to "buy" from StockNews.com.
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Photronics Inc. reporta fuertes ganancias del año fiscal, proyectando crecimiento continuo para el primer trimestre.