Key Developments: Photronics Inc (PLAB.O)
7.42USD
24 May 2013
$-0.05 (-0.67%)
$7.47
$7.44
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$7.36
134,537
470,757
$7.94
$4.56
Latest Key Developments (Source: Significant Developments)
Photronics Inc Issues Q3 2013 Guidance; Revenue Guidance Below Analysts' Estimates-Conference Call
Photronics Inc announced for the third quarter of 2013, it estimates revenue to be in the range of $107 million to $111 million and EPS to be in the range of $0.08 to $0.11 per diluted share. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $113 million and EPS of $0.11 for the third quarter of 2013. Full Article
Photronics Inc Issues Q1 2013 Revenue Guidance Above Analysts' Estimates
Photronics Inc announced that for the first quarter of 2013, it expects revenues to be in the range of $99 million to $100 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $98 million for the first quarter of 2013. Full Article
Photronics Inc Lowers Q4 2012 Guidance
Photronics Inc announced that for fourth quarter of 2012, it expects revenue to be in the range of $102 million to $103 million compared with previous guidance announced on August 15, 2012 of $114 million to $118 million. Earnings per diluted share (EPS) for the fourth quarter of 2012, to be in the range of $0.03 to $0.04 compared with previous guidance in the range of $0.14 to $0.17. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $116 million and EPS of $0.16 for fourth quarter of 2012. Full Article
Photronics, Inc. Lowers Q3 2012 Revenue Guidance; Lowers High End Of Prior Q3 2012 EPS Guidance
Photronics, Inc. announced that for the third quarter of 2012, it expects revenues to be approximately $116 million compared with previous guidance of $118 million to $123 million and earnings per diluted share (EPS) to be in the range of $0.14 to $0.16 compared with previous guidance in the range of $0.14 to $0.18. Full Article
Photronics, Inc. Issues Q3 2012 Guidance In line With Analysts' Estimates-Conference Call
Photronics, Inc. announced that for the third quarter of 2012, it expects revenue to be $118-$123 million and diluted earnings per share (EPS) exclusive of impact of any restructure costs to be $0.14-$0.18. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $122 million and EPS of $0.16 for the third quarter of 2012. Full Article
Photronics, Inc. Purchases U.S. nanoFab Building From Micron Technology, Inc.
Photronics, Inc. announced that it paid approximately $35 million to Micron Technology, Inc. (Micron) in connection with the purchase of its U.S. nanoFab building in Boise, ID that it previously leased from the building’s owner Micron. Full Article
Photronics, Inc. Issues Q2 2012 Guidance In Line With Analysts' Estimates-Conference Call
Photronics, Inc. announced that for the second quarter of 2012, it expects revenue to be in the range of $113-$118 million and earnings per share (EPS) to be in the range of $0.09-$0.13 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $118 million and EPS of $0.12 for the second quarter of 2012. Full Article
Photronics, Inc. Issues Q1 2012 Guidance Below Analysts' Estimates-Conference Call
Photronics, Inc. announced that for the first quarter of 2012, it expects revenue of $111-$116 million and diluted earnings per share (EPS) of $0.07-$0.11. According to Reuters Estimates, analysts are expecting the Company to report revenue of $121 million and EPS of $0.13 for the first quarter of 2012. Full Article
Photronics, Inc. To Streamline Singapore Manufacturing
Photronics, Inc. announced it is streamlining its operating infrastructure in Asia by ceasing the manufacture of semiconductor photomasks at its Singapore facility. Manufacturing activities for those customers previously serviced at Photronics` Singapore facility will be serviced at the Company's other global photomask fabrication facilities, including Korea and Taiwan. The Company will maintain customer service, data preparation and photomask repel services at the Singapore facility. The Company estimates that the manufacturing streamlining will reduce headcount by approximately 60 positions. Full Article
Photronics, Inc. Lowers Q4 2011 Guidance
Photronics, Inc. announced that for fourth quarter of 2011, it expects revenue in the range of $120 million to $122 million compared with previous guidance of $125 million to $130 million. As a result of the lower revenue, the Company expects that earnings per share (EPS) for the fourth of 2011 to be in the range of $0.11 to $0.13 compared with previous guidance in the range of $0.14 to $0.18 per share. Fourth quarter revenue is expected to be lower than anticipated due to customers scaling back purchases in response to increased softness in both the integrated circuit and flat panel display markets. The Company had anticipated a modest slowdown of orders for mainstream IC and FPD photomasks, but did not expect the weakness to continue throughout the quarter. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $129 million and EPS of $0.17 for fourth quarter of 2011. Full Article
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