Photronics Reports 2nd-quarter Results
BROOKFIELD, Conn., May 28, 2020 — 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