Photronics Inc Earnings: Miss on Both EPS and Revenue

Photronics Inc (PLAB) reported disappointing first-quarter results on May 28, 2026, missing analyst expectations on both earnings per share and revenue. The photomask manufacturer posted EPS of $0.42 versus the consensus estimate of $0.55, representing a negative surprise of 23.75%.

The company’s earnings shortfall of $0.13 per share marked a significant deviation from Wall Street projections. Revenue for the quarter totaled $209.94 million, falling short of the estimated $220.99 million by 5.00%. This revenue miss of approximately $11.05 million contributed to the overall weak performance.

The $209.94 million in quarterly revenue reflected the challenges facing the semiconductor equipment supplier. With both key metrics falling below expectations, PLAB’s results highlighted operational headwinds during the reporting period. The 23.75% EPS miss was particularly notable given the $0.13 gap between actual and expected earnings per share.

This article is for informational purposes only and does not constitute investment advice. Past performance does not guarantee future results.