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Photronics reports Q1 EPS 61c vs 60c last year

Reports Q1 revenue $225.1M vs $215.77M last year. Commenting on the first quarter performance, Chairman and CEO George Macricostas said, “Photronics (PLAB) delivered strong results in our fiscal first quarter achieving record high-end IC revenue for the second consecutive quarter. We remain on track with our facility expansion plans, which along with continuous process improvements and the refinement of our execution, will diversify our geographic revenue mix as industry regionalization continues.”

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