Photronics Beats Expectations, Stock Surges
Update: 2025-12-10
Description
Photronics, a company specializing in chip templates, reported a slight sales drop but exceeded financial predictions with $215.8 million in revenue and a profit of $0.60 per share, surpassing analysts estimates. The company forecasts a 6.8% revenue increase in the next quarter, driven by US operations and Korean expansion plans. Despite recent revenue declines, Photronics has shown steady growth, and their stock price surged 11.5% following the announcement.
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