Photronics: Fiscal Q1 Earnings Snapshot

Associated Press Finance
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BROOKFIELD, Conn. (AP) — BROOKFIELD, Conn. (AP) — Photronics Inc. (PLAB) on Wednesday reported net income of $26.2 million in its fiscal first quarter.

On a per-share basis, the Brookfield, Connecticut-based company said it had profit of 42 cents. Earnings, adjusted for non-recurring costs, were 48 cents per share.

The electronics imaging company posted revenue of $216.3 million in the period.

For the current quarter ending in April, Photronics expects its per-share earnings to range from 50 cents to 58 cents.

The company said it expects revenue in the range of $226 million to $236 million for the fiscal second quarter.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLAB at https://www.zacks.com/ap/PLAB

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