Photronics jumps after Q3 results beat estimates
26/08/2026 13:18
BUZZ-Photronics jumps after Q3 results beat estimates ** Photomasks manufacturer Photronics PLAB.O shares rise 16.6% to $34.14 premarket after Q3 results beat
** Stock set to rise after six consecutive sessions of declines
** Co says "recovery" of semiconductor design releases that were delayed in Q2 supported Q3 results
** PLAB forecast Q4 adjusted EPS between $0.40 and $0.56 on revenue of $207 mln to $227 mln
** Up to Tuesday's close, PLAB stock was down 8.4% YTD, compared with a 12% rise in the Nasdaq .IXIC index
(Reporting by Darshan Kumar in Bangalore)
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Photronics jumps after Q3 results beat estimates