Photronics (NASDAQ: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.

Earnings

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.

Past Earnings Performance

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:

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