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Photronics: Fiscal Q2 Earnings Snapshot

BROOKFIELD, Conn. (AP) _ Photronics Inc. (PLAB) on Wednesday reported fiscal second-quarter net income of $29.8 million.

The Brookfield, Connecticut-based company said it had profit of 49 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.

The electronics imaging company posted revenue of $204.5 million in the period.

For the current quarter ending in August, Photronics said it expects revenue in the range of $205 million to $215 million.

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