Hi, today we are going to talk about Photronics and its current landscape.
The American semiconductor photomask manufacturer has been under a positive confluence of events as the company had reported better than expected sales results on its fourth quarter, Photronics also has issued EPS and sales guidance for the first quarter of 2020 above estimates, with a guidance range of $146 m to $154 m against the $143.1 estimated. Although the good scenario for the company it's valid to point here that the company EPS is 17% down for last year's report.
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The American semiconductor photomask manufacturer has been under a positive confluence of events as the company had reported better than expected sales results on its fourth quarter, Photronics also has issued EPS and sales guidance for the first quarter of 2020 above estimates, with a guidance range of $146 m to $154 m against the $143.1 estimated. Although the good scenario for the company it's valid to point here that the company EPS is 17% down for last year's report.
Thank you for reading and leave your comments if you like.
To have access to our exclusive contents, join the Traders Heaven today! Link Below.
Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice.