BROOKFIELD, Conn. (AP) — BROOKFIELD, Conn. (AP) — Photronics Inc. (PLAB) on Wednesday reported profit of $42.9 million in its fiscal first quarter.
The Brookfield, Connecticut-based company said it had net income of 74 cents per share. Earnings, adjusted for non-recurring gains, were 61 cents per share.
The electronics imaging company posted revenue of $225.1 million in the period.
For the current quarter ending in April, Photronics expects its per-share earnings to range from 49 cents to 55 cents.
The company said it expects revenue in the range of $212 million to $220 million for the fiscal second quarter.
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