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Photronics Inc. (PLAB) Soars 12.26% on Q3 Earnings Beat
Generated by AI AgentAinvest Pre-Market Radar
Wednesday, Aug 27, 2025 7:19 am ET1min read
Aime SummaryPhotronics Inc. (PLAB) surged 12.26% in pre-market trading on August 27, 2025, driven by a strong financial performance in the third quarter of fiscal 2025.
Photronics reported a GAAP net income of $22.9 million, or $0.39 per diluted share, for the third quarter. This marks a decrease from the previous year's $34.4 million, or $0.55 per share. Despite the year-over-year decline in revenue, which dropped 0.3% to $210.4 million, the company managed to exceed profitability expectations.
The company's adjusted earnings, excluding non-recurring costs, were $0.51 per share. For the upcoming quarter,
anticipates earnings per share to range from $0.42 to $0.48, with revenue projected between $201 million and $209 million. This outlook reflects the company's efforts to maintain profitability amidst a challenging market environment.
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