Photronics (NASDAQ:PLAB) reported its Q1 earnings results on Wednesday, February 23, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Photronics beat estimated earnings by 22.58%, reporting an EPS of $0.38 versus an estimate of $0.31.
Revenue was up $37.76 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 1.68% drop in the share price the next day.
Here's a look at Photronics's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.25 | 0.22 | 0.17 | 0.11 |
| EPS Actual | 0.33 | 0.22 | 0.17 | 0.13 |
| Revenue Estimate | 175.03M | 168.33M | 158.27M | 150.03M |
| Revenue Actual | 181.29M | 170.64M | 159.76M | 152.07M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
