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Photronics Inc Lowers Q4 2013 Guidance


Wednesday, 13 Nov 2013 08:00am EST 

Photronics Inc announced that for fourth quarter of 2013, it expects revenue to be in the range of $105 million to $106 million compared with previous guidance announced on August 14, 2013, of $110 million to $114 million. As a result of the lower revenue, Photronics expects that earnings per diluted share (EPS) for the fourth quarter 2013 to be in the range of $0.06 to $0.07 compared with previous guidance in the range of $0.10 to $0.13. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $113 million and EPS of $0.12 for the fourth quarter of 2013. 

Company Quote

8.85
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29 Oct 2014