Photronics misses top-line and bottom-line estimates; initiates Q3 outlook

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  • Photronics press release (NASDAQ:PLAB): Q2 Non-GAAP EPS of $0.40 misses by $0.08.
  • Revenue of $210.99M (-2.8% Y/Y) misses by $1.01M.
  • IC revenue was $155.9 million, down 3% year-over-year and up 1% sequentially.
  • FPD revenue was $55.1 million, down 2% from the same quarter

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