Photronics Q2 Revenue Falls Short, EPS Surges 260% YoY to Beat Estimates
PLAB sits 66% above its 52-week low of $18.
Summary
Photronics reported Q2 2026 revenue of $209.94 million, missing analyst estimates of $216.47 million and declining sequentially and year-over-year. However, diluted EPS of $0.54 beat analyst estimates of $0.53 and surged 260% year-over-year, with net income up 254.7%. This 10-Q summary refines earlier news from May 28th that broadly indicated a Q2 earnings miss. While revenue and gross margins faced pressure from softer IC demand, the significant year-over-year growth in net income and EPS, along with an EPS beat, provides a more nuanced view of profitability.
At the time of this announcement, PLAB was trading at $29.94 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $1.8B. The 52-week trading range was $18.00 to $56.00. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.