Manufacturing Industry

Photronics Beats Expectations, Posts Q3 Revenue of $85M

Electronic News, August 27, 2001

PHOTORONICS INC. POSTED sales of $85 million for the third fiscal quarter, down slightly from the year-ago quarter's $85.6 million. Sequentially, sales dropped 15 percent from the company's record $100.6 million in its second quarter. Jupiter, Fla.-based Photronics (nasdaq: PLAB) said revenues from 0.18 micron and below comprised 12 percent of total sales.

Net income for the quarter ended July 31 was $1.8 million, or 6 cents per diluted share, compared with $6.9 million, or 24 cents per diluted share, a year ago.

COPYRIGHT 2001 Reed Business Information, Inc. (US)
COPYRIGHT 2008 Gale, Cengage Learning

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement
Click Here

Content provided in partnership with Thompson Gale