Photronics Q1 Earnings Surpass Estimates, Revenues Increase Y/Y

Key Takeaways Photronics Q1 EPS rose 17% Y/Y to 61 cents, beating estimates as revenue increased 6%.PLAB IC sales grew 7% Y/Y on high-end demand; FPD gained on China IT market strength.Photronics guided Q2 revenue of $212M-$220M with operating margin seen at 22%-24%.Photronics (PLAB) reported first-quarter fiscal 2026 non-GAAP earnings of 61 cents per share, which beat the Zacks Consensus Estimate by 12.96% and increased 17.3% year over year.Revenues of $225.1 million increased 6.1% year over year and 4.3% ...