Recap: Photronics Q1 Earnings - Photronics (NASDAQ:PLAB)

Photronics PLAB reported its Q1 earnings results on Wednesday, February 23, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Photronics beat estimated earnings by 22.58%, reporting an EPS of $0.38 versus an estimate of $0.31.

Revenue was up $37.76 million from the same period last year.

Last quarter the company beat on EPS by $0.08 which was followed by a 1.68% drop in the share price the next day.

Here's a look at Photronics's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.25	0.22	0.17	0.11
EPS Actual	0.33	0.22	0.17	0.13
Revenue Estimate	175.03M	168.33M	158.27M	150.03M
Revenue Actual	181.29M	170.64M	159.76M	152.07M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.