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Article obtained from Photonics RSS Feed.
Photronics Inc., a world leader in photomask technologies and solutions, has reported financial results for its fiscal 2020 second quarter, which ended May 3, 2020.
Second-quarter revenue came in at $142.8 million, 11% lower than the previous quarter, though 9% better than the same quarter last year. Integrated circuit revenue was $96.8 million, down 9% sequentially and down 2% compared with the second quarter of last year. Flat panel display revenue was $45.9 million, down 13% compared with the previous quarter and up 39% compared with the same period last year.
Net income attributable to Photronics shareholders was $6.3 million ($0.10 per diluted share), compared with $10.3 million ($0.16 per diluted share) for the first…READ MORE