Photronics Q4: $61.8M Profit, $215.8M Revenue

Photronics Incorporated, a Connecticut-based electronic imaging firm, reported a substantial profit of $61.8 million for the fiscal fourth quarter, translating to $1.07 per share. Adjusted earnings per share stood at $0.60. The companys revenue reached $215.8 million, indicating strong core business performance. For the full fiscal year, Photronics posted a profit of $136.4 million, or $2.28 per share, with revenue totaling $849.3 million. Looking ahead, Photronics anticipates revenue between $217 million and $225 million for the current quarter, signaling continued confidence in their market position and future growth.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.