Photronics Q2 Profit Rises - Quick Facts

(RTTNews) - Photronics, Inc. (PLAB) Monday reported second-quarter net income attributable to shareholders of $15.5 million or $0.22 per share, compared to $4.9 million or $0.08 per share in the comparable quarter last year.

Adjusted earnings for the quarter declined to $1.2 million or $0.02 per share from $4.9 million or $0.08 per share in the year-ago period. On average, five analysts polled by Thomson Reuters expected the company to earn $0.04 per share for the quarter. Analysts' estimates typically exclude special items.

Sales declined to $104.88 million from $106.68 million last year, while five analysts expected revenues of $103.21 million.