Stock Track | Photronics Plunges 5.31% Pre-market as Fiscal Q2 Guidance Disappoints

Stock Track

Feb 26

Photronics Inc. (PLAB) shares plummeted 5.31% in pre-market trading on Wednesday, following the release of the company's fiscal first-quarter 2025 results and guidance for the second quarter.

For the first quarter ended February 2, 2025, Photronics reported revenue of $212.1 million, slightly below analysts' expectations of $225 million. However, non-GAAP net income came in at $0.52 per diluted share, surpassing the consensus estimate of $0.47.

The company's outlook for the fiscal second quarter appears to have disappointed investors. Photronics expects revenue in the range of $208 million to $216 million and non-GAAP net income attributable to shareholders between $0.44 and $0.50 per diluted share. Analysts had anticipated higher revenue of $225 million and non-GAAP EPS of $0.52 for the upcoming quarter.

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(PLAB) shares plummeted 5.31% in pre-market trading on Wednesday, following the release of the company's fiscal first-quarter 2025 results and guidance for the second quarter.</p>\n\n<p>For the first quarter ended February 2, 2025, Photronics reported revenue of $212.1 million, slightly below analysts' expectations of $225 million. However, non-GAAP net income came in at $0.52 per diluted share, surpassing the consensus estimate of $0.47.</p>\n\n<p>The company's outlook for the fiscal second quarter appears to have disappointed investors. Photronics expects revenue in the range of $208 million to $216 million and non-GAAP net income attributable to shareholders between $0.44 and $0.50 per diluted share. Analysts had anticipated higher revenue of $225 million and non-GAAP EPS of $0.52 for the upcoming quarter.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PLAB","symbol_name":"福尼克斯","start_time":0,"source_url":"","article_id":"1182590639","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1182590639","pubTimestamp":1740578680,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Photronics Inc.  shares plummeted 5.31% in pre-market trading on Wednesday, following the release of the company's fiscal first-quarter 2025 results and guidance for the second quarter.For the first quarter ended February 2, 2025, Photronics reported revenue of $212.1 million, slightly below analysts' expectations of $225 million. 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